News with the tag "Lira"

Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz. While previously discussed, the plan has been dropped, with the government focusing instead on reducing tax exemptions. This shift follows concerns about ...

Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset Service Provider Status According to Bybit Türkiye’s announceme...

Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%.

According to an analysis by Kaiko, Turkish Lira (TRY) crypto volume market share peaked at 19% in early June. The post Turkish Lira Crypto Volume Hits ATH Amid Currency Depreciation appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

According to February 2024’s latest inflation data, Turkey faces an inflation rate exceeding 67%, amid ongoing currency devaluation and a declining lira against the U.S. dollar. Recent findings suggest that in an effort to safeguard their wealth, Turks are increasingly turning to gold, with smugglin...

The Central Bank of the Republic of Türkiye (CBRT) has completed phase 1 of its digital Turkish lira. It is now planning to move on to advanced phases to carry The post Turkish Central Bank Completed First Phase Of Its Digital Turkish Lira appeared first on BitcoinWorld .

Turkey is focused on the development of the digital identity system, digital currency system, abstraction layer, service layer, and wallet. The post Turkey Publishes Report on its First Phase of CBDC Development appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing ...

The Central Bank of the Republic of Turkey (CBRT) has taken significant strides towards digitizing its national currency, releasing an English translation of its report on the initial phase of the Central Bank Digital Turkish Lira Research and Development (R&D) Project. Originally published in Turki...

Source: AdobeStock / Iryna Dincer The Turkish Lira (TRY) leads the chart as the top fiat traded on the world’s largest exchange by volume, Binance following a surge in the number of investors, new research shows. A new Binance market research shows an increasing vol trading volume around the Lira in...

The price of Bitcoin has registered all-time highs against some of the world’s most inflation-prone fiat currencies. Over 30 hours spanning October 23 to 24, Bitcoin notched record prices against currencies, including the Argentine peso, Nigerian naira, Turkish lira, Laotian kip, and Egyptian pound....