11-21-2024
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$485.11
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Turkey

Turkey tops list for stablecoin purchases versus GDP
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30 April, 2024

Turkey tops list for stablecoin purchases versus GDP

Stablecoin purchases accounted for 4.3% of Turkey’s GDP, the highest ratio globally; the U.S. ranked fourth at 0.5% despite having...
Turkey’s two-tier CBDC to support programmable payments
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1 March, 2024

Turkey’s two-tier CBDC to support programmable payments

The digital lira will also focus on user privacy and only support one account per user, accessible through all intermediary...
Turkey is edging closer to issuing digital asset rules, minister says
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14 January, 2024

Turkey is edging closer to issuing digital asset rules, minister says

The new draft rules will require exchanges to obtain licenses and be subject to similar operational requirements as financial institutions,...
Turkey CBDC trials focus on interoperability
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12 January, 2024

Turkey CBDC trials focus on interoperability

After the success of the first pilot test, the Central Bank of Turkey enters the phase 2 of digital lira...
Turkey weighs digital asset regulations to curb ‘system abuse’: report
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28 November, 2023

Turkey weighs digital asset regulations to curb ‘system abuse’: report

As one of the world’s largest digital asset hubs, Turkey is focused on licensing and taxing digital asset operations to...
Turkey to set up digital currency framework by 2024
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4 November, 2023

Turkey to set up digital currency framework by 2024

Under the proposed framework, the Turkish government will offer modern definitions for VASPs to include exchanges and brokers and hinted...
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