Turkey

Turkish arrest of Ethereum developer raises alarms in crypto community

Turkish arrest of Ethereum developer raises alarms in crypto community

Turkish authorities have reportedly detained an Ethereum developer known as Fede’s Intern in Izmir. The arrest, disclosed by the developer on Aug. 10, has stirred debate in the crypto community, where many see it as a troubling precedent. Why was Fede’s Intern detained? While details about his detention remain sparse as of press time, Fede’s […]

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Turkish Ride-Hailing Giant Marti Announces Crypto Treasury Strategy, Allocates 20% to BTC

Turkish Ride-Hailing Giant Marti Announces Crypto Treasury Strategy, Allocates 20% to BTC

Marti Technologies, an Istanbul-based ride-hailing firm, announced that 20% of its cash reserves are allocated to Bitcoin. As a part of its new crypto treasury strategy, the app plans to increase crypto holdings to 50%. Marti is also considering accumulating other digital assets, including Ethereum and Solana, the company said Tuesday. The company plans to

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1B Worth of Pillow Gold: Türkiye Household Gold Hoard Dwarfs Central Bank Reserves

$311B Worth of Pillow Gold: Türkiye Household Gold Hoard Dwarfs Central Bank Reserves

Turkish households hold an estimated $311 billion worth of unregistered physical gold outside the formal financial system, a massive stockpile far exceeding the central bank’s official reserves. Beyond Banks: Türkiye Citizens Hold $311B in Physical Gold According to central bank estimates cited by Onur Erdogan for Türkiye Today, this “under-the-pillow” gold, calculated as of the

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Turkey Tightens Grip On Crypto To Foil Money Launderers

Turkey Tightens Grip On Crypto To Foil Money Launderers

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Turkey’s Ministry of Treasury and Finance rolled out new rules this week to stop money laundering through crypto trades. Users now have to put in a transfer note of at least 20 characters explaining why they’re moving funds. At the same time,

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Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, K Daily Stablecoin Limit

Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, $3K Daily Stablecoin Limit

Turkey’s Ministry of Treasury and Finance is tightening regulations on crypto asset service providers in a bid to clamp down on illicit financial activities. According to the Ministry, digital asset platforms must now collect and verify more detailed information about user transactions. This information includes obtaining a written explanation of at least 20 characters describing

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