Bitcoin Voucher Scheme Bitupcard Expands to 300 Shops in Turkey
Prepaid bitcoin voucher service Bitupcard is now available at an additional 270 retail locations across Turkey. The announcement, which follows on from the launch of a pilot scheme that saw $25,000-worth of bitcoin sold in 10 weeks, raises the number of retail locations offering over-the-counter bitcoin purchases in the country to 300. The scheme is run by Amsterdam-based bitcoin seller Bit4coin in conjunction with Berlin-based firm MK Payment. Dolf Diederichsen, CEO at Bit4coin said: "We are excited with the early success we are seeing in the market. The launch has exceeded our....
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Amsterdam-based bitcoin seller Bit4coin has teamed up with Berlin-based MK Payment to launch 'Bitupcard' - an e-voucher scheme that enables over-the-counter purchase of bitcoin in 30 retail stores throughout Turkey. The service goes live today and, notably, could also be made available at up to 5,000 Turkish locations in the near future. Framing the e-voucher scheme as a way to simplify the on-ramp to bitcoin ownership, Dolf Diedrichsen, Bit4coin's founder and CEO, explained: "One of the most difficult problems of bitcoin is still how to get them." He said: "We want to change that by....
Turkish police have launched an investigation into a dogecoin investment scheme that has allegedly duped 350 million dogecoins from about 1,500 investors. Dogecoin Scheme Dupes Investors in Turkey The chief public prosecutor’s office of Küçükçekmece, a suburb of Istanbul, is conducting a large-scale investigation into a cryptocurrency scam, Turkish news television channel TV100 reported this week. The scheme claims to be a cryptocurrency system operating under the name “Dogecoin mining.” It promised users a 100% profit in 40 days. The scam’s....
Last week, Coinay announced that Spanish Bitcoin enthusiasts can use its vouchers to buy Bitcoin in their neighborhoods. Bitcoinist, followed the story further and interviewed Dolf Diederichsen, CEO & co-founder of Coinay, to learn about this Bitcoin voucher solution. Tell us more about “Buy Bitcoin in neighborhood”? Dolf Diederichsen: Coinay enables consumers in Spain to walk into a nearby shop (for example, a computer store) and purchase a Coinay Bitcoin voucher with cash. They can then go online to coinay.com and redeem the voucher, and get Bitcoins to their wallet. As we have partnered....
The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will allow Turkey to focus on expanding research and conducting tests of the prospective digital lira. Turkey Sets Up Digital Lira Collaboration Platform The Central Bank of the Republic of Turkey (CBRT) has secured agreements with two defense and technology companies, Aselsan and Havelsan, the Scientific and Technological Research Council of Turkey, and the Informatics and Information....
The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability The Central Bank of the Republic of Turkey (CBRT) has announced the launch of an incentive scheme that encourages Turkish residents to convert their gold deposits and participation funds into lira time deposit accounts. In a brief statement released in late December 2021, the central bank....