Tag Archives: turkish lira

CoinspeakerCrypto Adoption in Turkey Boosted by Unending Lira Woes, Government Moves In with Tax Reforms Although the stock tax remains pending for now, Erdogan and his officials are keen on taxing crypto transactions. Crypto Adoption in Turkey Boosted by Unending Lira Woes, Government Moves In with Tax Reforms

Huobi, a leading global crypto exchange, announced that it plans to launch a fiat gateway in Turkey. If successful, the platform may increase access to over 250 digital tokens for the local investors.Mohit Davar, Huobi’s EMEA regional president, is convinced that this will prove to be a worthwhile investment. He said that the move has come amidst Turkey’s efforts to set up a clearer legal infrastructure for the cryptocurrency market. Reports show that many people in the country already hold...