Turkey to Impose Ban on Cryptocurrency Payments

The cryptocurrency market took a hit on Friday after the Turkish central bank announced a ban on cryptocurrency payments. The bank mentioned that crypto transactions involve significant risks. According to t...

Turkey Set To Pilot CBDC In 2021 Amid Inflation Distress

Turkey set to pilot CBDC in 2021 amid inflation distress. In an announcement to members of Turkey’s Parliament central bank governor Naci Agbal disclosed that “conceptual” research was completed on a Turkish ...

Turkey Bans Six Banks from Short-Selling Local Stocks

Turkey has imposed a ban on six major global banks from betting against the stocks of local companies, in a rule that goes against the country’s recent relaxation against such restrictions. As reported by Bl...