News with the tag "turkey"

In the ever-evolving world of cryptocurrencies, regulations often play a crucial role in shaping the landscape. Turkey, a nation with a growing interest in digital assets, introduced a significant hurdle back in 2021 – a ban on cryptocurrency payments. But now, a beacon of hope for crypto enthusiast...

Turkish law firm GlobalB plans to file a legal case against the current ban on cryptocurrency payments that Turkey scheduled for May 28 in Ankara. The firm, led by founding partner Sima Baktaş, is planning to present the potential economic benefits of cryptographic and blockchain-based transactions....

Exciting news for crypto enthusiasts in Turkey! Imagine a world where your digital assets are as safe as your traditional savings. Well, that future is fast approaching as Turkish digital bank BankPozitif is gearing up to launch cryptocurrency custody services. This bold move, in collaboration with ...

BankPozitif, a digital bank in Turkey, is venturing into the digital asset custody market as a part of a recent partnership with a Swiss crypto platform. According to a March 5 announcement , the $7 billion digital bank has joined hands with Taurus to provide crypto custody services for institutiona...

BankPozitif, a leading digital bank in Turkey, has partnered with Swiss digital asset infrastructure provider Taurus to offer institutional-grade cryptocurrency custody services. The move positions BankPozitif at the forefront of Turkey’s expanding digital asset sector as the country experiences ris...

Cryptocurrency custody firm Taurus, which counts the likes of Deutsche Bank and State Street among its clients, has expanded its footprint to Turkey. Taurus is now providing custody services to Istanbul-based BankPozitif, marking the first such time a Turkish bank has implemented institutional-grade...

The Istanbul Regional Court of Justice has overturned part of the conviction against Faruk Fatih Özer, the founder of the now-defunct cryptocurrency exchange Thodex. The court dismissed charges related to starting an organization to commit a crime but upheld his fraud and money laundering conviction...

BTguru, a virtual and crypto assets provider in Turkey, has partnered with Chainlink to accelerate the adoption of tokenized securities by institutions. The partnership will leverage Chainlink ( LINK )’s interoperability protocol,data feeds and proof-of-reserve technology, BTguru said in an announce...

Turkey is set to implement stringent crypto regulations by February 2025 as part of their effort to tighten anti-money laundering (AML) frameworks to align with global standards. This legislative move, announced in the final week of 2024 , is inspired by similar regulatory initiatives in major juris...

Turkey's new crypto rules trigger $69 million Ethereum mystery transfer