Turkey is set to begin trials of a new digital currency in 2021, after the country’s central bank announced it had been working on a digital lira.
The week witnessed a number of legal actions against blockchain and crypto criminals, led by the DoJ. IBM, Telefonica and Spain’s CaixaBank led the adoption of blockchain.
Turkey’s capital markets regulator intends on ramping up its efforts to create crypto regulation in 2020 in response to a spike in interest in cryptos.
The President of Iran has called on Muslim nations to develop a cryptocurrency that could help them avoid using the USD, reducing the U.S economic dominance.
China is advancing in blockchain adoption, the U.S. is moving towards regulation, Hong Kong and Turkey are moving closer to launching CBDCs
The blockchain-based digital lira is expected to be issued as part of the 2020 Annual Presidential Program, allowing residents to make instant payments using the digital currency.
The Turkish government plans to integrate blockchain technology into the country’s public administration.
A new economic road map has been unveiled by the Turkish government, that calls for greater development through blockchain innovation.
Continuing its plans of global domination, Huobi has started on its expansion into the Turkish market.
As the transition from fiat to crypto continues, a major real estate company has embraced the future and began accepting coins such as Bitcoin Core (BTC) last year. The decision has proven to be a smart one.
The leading Turkish cryptocurrency exchange, Vebitcoin, has decided to add support for BSV, and will open up deposits and withdrawals for the crypto at 10:00pm on February 26. With all of the recent support, BSV is seeing a market rally.