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“# Spain’s national soccer team to launch fan token on Turkish platform ” The Spanish national soccer team will launch the world’s first national soccer team fan token thanks to a partnership between the Royal Spanish Football Federation and the Turkish blockchain platform Bitci Technology. The token will launch on Bitcichain, and all tech infrastructure…
“# Turkish government to track crypto transactions over $1,200 ” Crypto exchanges with a presence in Turkey must now inform the Financial Crimes Investigation Board, or MASAK, about any crypto transactions over 10,000 Turkish liras ($1,200). Turkish Minister of Treasury and Finance Lütfi Elvan announced the new policy on a CNN Turk live broadcast last night. …
“# Turkey jails 6 in probe into missing Thodex crypto exchange CEO ” Turkish authorities are progressing with an investigation into local cryptocurrency exchange Thodex, which abruptly halted trading last week. On Thursday, a Turkish court jailed six suspects pending trial, including siblings of the missing CEO and senior company employees, Reuters reported. As part of…
“# Turkey may establish central custodian bank following alleged fraud at two major exchanges ” Following the arrests of several employees at Turkey-based crypto exchanges Thodex and Vebitcoin last week, government officials are reportedly planning to establish a central bank authority which could custody digital assets. According to a Bloomberg report, an unnamed senior official…
“#Inside abandoned Disney-like village made of empty castles” Is this the creepiest place on Earth? Hundreds of Disney-like castles built for wealthy Gulf investors are now sitting empty. The haunting images are making the rounds online as developers struggle to revive the decrepit neighborhood — now the stuff of nightmares. Located in Turkey, the abandoned…
“# Four arrested after Turkish exchange Vebitcoin closes its doors ” As a countrywide cryptocurrency ban looms, multiple Turkish exchanges have now come under investigation with four employees of the recently-shuttered Vebitcoin exchange arrested this morning for allegations of fraud. Last night, Vebitcoin announced it would be ceasing operations in a short statement posted on…
“# Turkish police detain 62 over alleged $2B Thodex crypto exchange fraud ” Turkish police have detained 62 people as they continue to investigate an alleged exit scam potentially affecting 391,000 crypto exchange users and roughly $2 billion in investments. Yesterday, Cointelegraph reported that the major Turkish crypto exchange Thodex had abruptly halted trading and…
“# Turkish crypto exchange halts trading amid reports of police raid ” Major Turkish cryptocurrency exchange Thodex has abruptly halted trading and withdrawals amid reports of police raids, Cointelegraph Turkey reported on Thursday. Thodex posted an official announcement on Twitter on Thursday, informing users that it has halted transactions for a period of four to five…
“# Crypto payments banned in Turkey — Is this just the beginning? ” Buying something with Bitcoin (BTC) in Turkey will soon be illegal, and the topic of crypto payments has become a political debate since the Central Bank of the Republic of Turkey’s April 16 announcement that it will forbid the use of cryptocurrency…
“# Bitcoin caught in the crossfire as Turkish opposition leader voices support ” Shortly after a Friday morning “diktat” from Turkey’s freshly-appointed central bank governor that effectively banned any and all use of cryptocurrency in the country, Bitcoin now appears caught in a partisan dustup as a Turkish opposition party leader has voiced support for…