Turkey

OKX launches OKX TR in Turkey, facilitating TRY trading pairs. Partnering with local banks, offering 24/7 support, and advanced virtual asset functionalities.

OKX enters Turkey's crypto market with OKX TR, offering Turkish Lira services and localized support. The move reflects OKX's global expansion strategy and commitment to regulatory compliance amidst international challenges.

Visa and Transak's collaboration facilitates seamless crypto-to-fiat conversions directly to Visa debit cards, offering users in 145 countries a faster and more accessible experience. This move signifies a substantial step towards mainstream acceptance and utilization of cryptocurrencies, enhancing the global reach of digital assets.

Explore Turkey's transformative journey in cryptocurrency regulation. This in-depth analysis covers the latest regulatory changes aimed at minimizing risks and aligning with global standards, offering insights into the future of digital finance in Turkey.

Turkey is implementing crypto regulations, prioritising licensing standards to address FATF concerns, ensure global compliance, and bolster its position in the crypto market.

A coalition of civil society organizations and companies, including members of the Global Encryption Coalition, issues a plea to safeguard strong end-to-end encryption in Turkey. Recent legal amendments could inadvertently jeopardize cybersecurity tools and individuals' privacy, with potential implications for national security and economic stability.

On 20 April, over 40 organizations and cybersecurity experts, including members of the Global Encryption Coalition, released a joint statement calling on the Turkish government not to undermine end-to-end encryption.

The "Decision Approving the 2024 Presidential Annual Programme (Decision Number: 7739)" was published in a supplementary issue of the Turkish Official Gazette.

The lira’s crash and the restrictions on purchasing dollars and gold with the local currency have made USDT even more attractive to Turks.