Turkish blockchain company opens regional crypto exchanges in globalization bid
The first stop for Bitci’s international expansion, also a first for a Turkish crypto exchange, is Brazil. Turkish blockchain provider Bitci is seeking to establish local crypto exchanges in Brazil and Spain in a bid to lure local crypto investors.A Bitci spokesperson told Cointelegraph that Bitci is planning to open new crypto exchanges in the countries where the company has sizeable deals and assets, as Reuters reported. The first stop for Bitci’s international expansion, also a first for Turkish crypto exchanges in general, is Brazil. Bitci CEO Onur Altan Tan said in an interview that....
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Two Turkish cryptocurrency exchanges are being investigated by the authorities in Turkey after they abruptly halted trading. The authorities have blocked access to the bank accounts of the second exchange and detained four people so far. Sixty-two people have been detained in connection with the first exchange whose CEO has fled the country. Second Turkish Crypto Exchange Being Investigated Following the alleged exit scam pulled by cryptocurrency exchange Thodex, another crypto trading platform is being investigated by Turkish authorities, the state-run Anadolu news agency said Friday.....
Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its website will remain online in the next six months to allow users to withdraw their holdings in cryptocurrency and Turkish fiat money.
Another of Turkey’s Crypto Exchanges Closes Amid Ankara’s ‘War’ on Cryptocurrency
Leading Turkish crypto exchange Coinzo announced on Monday it’s ending trading operations. The platform called on customers to withdraw their assets in Turkish lira and cryptocurrency without....
Turkish residents continuously maintain a bullish stance on crypto transactions despite the bear markets. Ismail H. Polat, a media lecturer at Kadir Has University in Istanbul, said the driving factor is the high inflation. Recent reports show the Turkish crypto industry is working to build the crypto ecosystem amid the bear market. The Turkish blockchain […]
De-globalization is not just about Brexit and rising U.S. protectionism. It is much more than that. It's a pervasive negative attitude regarding globalization that includes various autonomous and sometimes antagonistic movements, such as anti-Western universalism in Eurasia, anti-federalism in Eastern Europe, Piketty-type neo-Marxism in Western Europe, as well as the Islamic State and the like from the Mediterranean to Central Asia. What's at stake here is the post World War II intellectual construct positing that if people from all civilizations find it profitable to be acquainted through....
Turkey started off strong in crypto and blockchain in 2020 — then the pandemic happened.
Turkey’s crypto and blockchain ecosystem welcomed 2020 with big ambitions and a strong track record from 2019, which was its best year ever in terms of adoption. Following the release of Statista’s “Global Consumer Survey 2019,” which lists Turkey as a global leader by a wide margin in terms of crypto use, one major crypto exchange after another announced plans to set up shop in the country.Huobi and Binance established their offices in Istanbul, Turkey’s biggest city and business center. Big players....