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Tag Archives: Central Bank of Turkey

Turkey Says “No” to BTC Payments, Citing Lack of “Supervision Mechanisms”

It looks like Turkey is not as comfortable with bitcoin as other nations. The region has decided to put a stop to all bitcoin payments citing concerns about competition to its national currency, and now the world’s number one digital currency by market cap has taken a bit of a stumble. Turkey Won’t Allow BTC Payments In recent days, bitcoin hit a new all-time high of more than $63,000 per unit following news that Coinbase was debuting on the Nasdaq. The asset ultimately...

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