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| 028 bitcoin | After conversations with nearly two dozen people in the Turkish crypto community, I caught a glimpse of a world in which crypto is not a game, but a necessity. Last year a grassroots movement helped disrupt the passage of a controversial crypto bill. Read more about. Emily Parker is CoinDesk's executive director of global content. Viswanath-Natraj pointed to the appeal of cryptocurrency in countries such as Turkey or Venezuela where inflation is high, but added that consumers are more likely to benefit if they choose so-called stablecoins, whose value is pegged to external factors such as the dollar. She speaks Chinese, Japanese, French and Spanish. Some fear undue regulation in an industry where freedom is prized. |
| Binance metamask wallet | It was also the mindset. At times the Turkish lira has, in fact, proved to be more volatile than bitcoin. Of course, Turkey is not immune to the global crypto downturn. Daily transactions in crypto in Turkey had topped one million in March last year, according to Chainalysis and Kaiko data seen by Reuters news agency. But they are careful how they operate in an uncertain regulatory environment, sticking purely to teaching people how to trade rather than directly assisting or discussing the benefits of any one currency. I ask if this means people are essentially trying to gamble in order to get rich. Volumes started tapering off in April, however, after the central bank announced it was banning the use of cryptocurrencies for payment. |
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Crypto \u0026 NFT Bros are STILL Taking Ls"We will submit a law proposal on crypto-assets to the parliament as soon as possible. After that, there will be no reason for Turkey to stay in. According to a study, Turkey was the second nation in the world in terms of crypto-related search requests, with % of the population. How many crypto owners in Turkey? It is estimated that over million people, % of Turkey's total population, currently own cryptocurrency.
