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Turkey drafts new payments to extend regulatory oversight of crypto

Turkey drafts new payments to extend regulatory oversight of crypto

Turkey is drafting new crypto laws that would introduce more regulatory oversight in the crypto market and possibly impose some transactions involving digital assets – as discussed by two officials on the matter. The post…

Binance TR, the Turkish arm of crypto trade Binance, has warned traders within the area of an ongoing rip-off try that targets crypto traders through pretend Binance-branded billboards and hoardings.Turkey is residence to numerous crypto traders that account for over 7% of the whole visitors to Binance’s major platform by means of a desktop browser, as evidenced by knowledge from Similarweb. Trying to money in on Binance’s recognition within the nation, scammers in Turkey have been discovered to hire quite a few billboards to promote pretend Binance-themed alternatives.Bir süredir Türkiye’nin farklı bölgelerinde aşağıdaki görsele benzer reklam panoları göze çarpmaktadır.Aşağıdaki görselin #Binance ile ilgisi yoktur❗️Dolandırıcılık faaliyeti içinde oldukları açıkça belli olan kişiler hakkında gerekli hukuki süreçler başlatılmıştır.#SAFU pic.twitter.com/znvJDLRP7v— Binance Türkiye (@Binance_Turkish) May 8, 2022

In the newest warning issued by Binance Turkey, the billboard is proven sporting an commercial for “Binance Tourist exchange” that has no affiliation with the unique Binance, based by Changpeng “CZ” Zhao. The advert additionally consists of phone numbers that, when dialed, can join potential victims to scammers. A tough translation of the warning reads: “For a while, billboards similar to the image below have been striking in different regions of Turkey […and] has nothing to do with #Binance!”Given the convenience in monitoring down the individuals chargeable for renting out billboards and posting fraudulent commercials focused at crypto traders, Binance has revealed its intent to go on the offensive and take obligatory authorized in opposition to the individuals “who are clearly involved in fraudulent activities.”Unwary traders who find yourself contacting the pretend contact numbers are often greeted by the scammer posing as Binance. With the final word objective to steal cash within the type of crypto property, scammers have been discovered to direct traders to create new accounts or share present seed phrases. Just final month, on April 15, Binance launched its first 24/7 customer support heart in Turkey because it prepares to develop the service worldwide. As Cointelegraph beforehand reported, Binance arrange buyer help in Turkey with the first objective to proactively mitigate fraud circumstances earlier than it occurs.Investors who suspect being involved with such scammers are suggested to contact Binance’s official buyer help by means of official channels, together with the web site or cell utility.Related: Coinbase is planning to buy crypto trade BtcTurk in $3.2B deal: ReportOwing to the huge curiosity in crypto amongst Turkish traders, the favored crypto trade Coinbase reportedly deliberate to extend its footprint within the area by eying a purchase order of native crypto trade BtcTurk for $3.2 billion. Cointelegraph’s report on the matter reveals that each the crypto exchanges have reportedly already signed a time period sheet. However, an official affirmation in regards to the deal remains to be awaited. To help the continued international growth drive, Coinbase has additionally posted a job opening in Turkey for a rustic director who can “play a key role in supporting major regulatory/policy efforts, and subsequently ensuring that Coinbase operates in full compliance with applicable local regulatory requirements.”

Binance TR, the Turkish arm of crypto trade Binance, has warned traders within the area of an ongoing rip-off try that targets crypto traders through pretend Binance-branded billboards and hoardings.Turkey is residence to numerous crypto traders that account for over 7% of the whole visitors to Binance’s major platform by means of a desktop browser, as evidenced by knowledge from Similarweb. Trying to money in on Binance’s recognition within the nation, scammers in Turkey have been discovered to hire quite a few billboards to promote pretend Binance-themed alternatives.Bir süredir Türkiye’nin farklı bölgelerinde aşağıdaki görsele benzer reklam panoları göze çarpmaktadır.Aşağıdaki görselin #Binance ile ilgisi yoktur❗️Dolandırıcılık faaliyeti içinde oldukları açıkça belli olan kişiler hakkında gerekli hukuki süreçler başlatılmıştır.#SAFU pic.twitter.com/znvJDLRP7v— Binance Türkiye (@Binance_Turkish) May 8, 2022 In the newest warning issued by Binance Turkey, the billboard is proven sporting an commercial for “Binance Tourist exchange” that has no affiliation with the unique Binance, based by Changpeng “CZ” Zhao. The advert additionally consists of phone numbers that, when dialed, can join potential victims to scammers. A tough translation of the warning reads: “For a while, billboards similar to the image below have been striking in different regions of Turkey […and] has nothing to do with #Binance!”Given the convenience in monitoring down the individuals chargeable for renting out billboards and posting fraudulent commercials focused at crypto traders, Binance has revealed its intent to go on the offensive and take obligatory authorized in opposition to the individuals “who are clearly involved in fraudulent activities.”Unwary traders who find yourself contacting the pretend contact numbers are often greeted by the scammer posing as Binance. With the final word objective to steal cash within the type of crypto property, scammers have been discovered to direct traders to create new accounts or share present seed phrases. Just final month, on April 15, Binance launched its first 24/7 customer support heart in Turkey because it prepares to develop the service worldwide. As Cointelegraph beforehand reported, Binance arrange buyer help in Turkey with the first objective to proactively mitigate fraud circumstances earlier than it occurs.Investors who suspect being involved with such scammers are suggested to contact Binance’s official buyer help by means of official channels, together with the web site or cell utility.Related: Coinbase is planning to buy crypto trade BtcTurk in $3.2B deal: ReportOwing to the huge curiosity in crypto amongst Turkish traders, the favored crypto trade Coinbase reportedly deliberate to extend its footprint within the area by eying a purchase order of native crypto trade BtcTurk for $3.2 billion. Cointelegraph’s report on the matter reveals that each the crypto exchanges have reportedly already signed a time period sheet. However, an official affirmation in regards to the deal remains to be awaited. To help the continued international growth drive, Coinbase has additionally posted a job opening in Turkey for a rustic director who can “play a key role in supporting major regulatory/policy efforts, and subsequently ensuring that Coinbase operates in full compliance with applicable local regulatory requirements.”

Binance TR, the Turkish arm of crypto trade Binance, has warned traders within the area of an ongoing rip-off try that targets crypto traders through pretend Binance-branded billboards and hoardings. Turkey is residence to numerous…

Bitfinex, Coinbase and KuCoin ramp up

Bitfinex, Coinbase and KuCoin ramp up

Turkey is experiencing a resurgence in cryptocurrency curiosity as main crypto exchanges set foot within the transcontinental nation. From demographics to offline advertising and marketing to forex depreciation, there may be loads of motivation for…

Coinbase is planning to buy crypto trade BtcTurk in $3.2B deal: Report

Coinbase is planning to buy crypto trade BtcTurk in $3.2B deal: Report

Major United States-based cryptocurrency trade Coinbase is reportedly planning to buy BtcTurk for $3.2 billion. According to Turkish tech media outlet Webrazzi citing a Thursday report from Mergermarket, the 2 exchanges negotiated a value primarily…

Binance launches its first customer support middle in Turkey

Binance launches its first customer support middle in Turkey

Binance, the world’s largest cryptocurrency alternate by quantity, introduced the launch of its customer support middle, Cointelegraph Turkey reported. Binance picked Turkey, the place it established a neighborhood entity roughly two years in the past,…

Turkey needs crypto scammer jailed for all times

Turkey needs crypto scammer jailed for all times

Turkish prosecutors are asking courts to jail suspected crypto scammers in the country for thousands of years, per available information. According to reports from local media, the suspects are part of those involved in the…

Turkey goes all-in on the metaverse, however is the general public prepared?

Turkey goes all-in on the metaverse, however is the general public prepared?

Led with the slogan “The future belongs to those who design it,” Forum Metaverse hosted more than 2000 attendees from the congress, ministries, and the presidency. Guests could experience the metaverse through various demonstrations upon…

Crypto in Turkey: Everything it is advisable know

Crypto in Turkey: Everything it is advisable know

The crypto market started to grow in Turkey in 2017 and consolidated its roots during 2020 through many factors, including the COVID-19 pandemic. Since then, residents of Turkey have increased their investments in the crypto…

Even although feminine buyers are more and more thinking about cryptocurrency and blockchain expertise, there’s nonetheless a big information hole in terms of these subjects, a brand new examine reveals. BlockFi famous {that a} third-party survey panel performed the examine on Jan. 28, 2022, and included 1,031 female-identifying Americans between the ages of 18 and 65.According to a latest examine by BlockFi targeted on the shifting attitudes towards cryptocurrency, 92% of the ladies surveyed have heard about crypto, with nearly one in 4 (24%) already proudly owning some. In distinction, 80% nonetheless discover it obscure, and 72% consider investing is simply too dangerous. Per the examine, over one-third of ladies intend to buy cryptocurrency in 2022, with 60% of respondents saying they’d purchase crypto within the subsequent three months.The examine factors out that whereas wider cryptocurrency adoption continues to be low, nearly all of feminine crypto homeowners are buying and HODLing. In 2022, the crypto market has already seen loads of volatility. Still, ladies’s confidence in long-term crypto funding is unwavering, with most girls buying BTC (71%), DOGE (42%), and Ether (18%), the survey notes.24% of contributors personal cryptocurrencies, in line with the survey. Of those that possess it, 70% are HODLers, having acquired the asset however by no means promoting it, in comparison with 55 p.c for the market as an entire. Per the survey, nearly 45% of ladies mentioned they knew learn how to purchase cryptocurrency, up from about 23% six months in the past.During an interview with Cointelegraph, Casper Labs CTO Medha Parlikar mentioned that she hopes regulators “transferring ahead” will proceed to permit for extra ladies in blockchain entrepreneurship. She famous that: “With respect to ladies in tech, I feel it could be an extended tail than simply instantly ladies rising in expertise. I see that there is a robust development in direction of supporting women who code proper.”Last yr, a examine revealed that gender equality within the crypto and blockchain business continues to be a great distance away. According to the April 2021 Global Gender Gap Report by WEF, it’ll take nearly 135.6 years to shut the gender hole because of the COVID-19 pandemic.However, this hasn’t deterred these ladies, who used blockchain expertise and crypto to sort out numerous social issues. As reported by Cointelegraph, a examine revealed in Dec. 2021 came upon the variety of Australian ladies who invested in crypto doubled over the earlier yr.Related: 10 ladies who used crypto to make a distinction in 2021A latest survey by KuCoin indicated a extra even distribution between female and male crypto customers in Turkey. KuCoin came upon that feminine buyers in Turkey account for 47% of buyers and 63% of crypto-curious.

Even although feminine buyers are more and more thinking about cryptocurrency and blockchain expertise, there’s nonetheless a big information hole in terms of these subjects, a brand new examine reveals. BlockFi famous {that a} third-party survey panel performed the examine on Jan. 28, 2022, and included 1,031 female-identifying Americans between the ages of 18 and 65.According to a latest examine by BlockFi targeted on the shifting attitudes towards cryptocurrency, 92% of the ladies surveyed have heard about crypto, with nearly one in 4 (24%) already proudly owning some. In distinction, 80% nonetheless discover it obscure, and 72% consider investing is simply too dangerous. Per the examine, over one-third of ladies intend to buy cryptocurrency in 2022, with 60% of respondents saying they’d purchase crypto within the subsequent three months.The examine factors out that whereas wider cryptocurrency adoption continues to be low, nearly all of feminine crypto homeowners are buying and HODLing. In 2022, the crypto market has already seen loads of volatility. Still, ladies’s confidence in long-term crypto funding is unwavering, with most girls buying BTC (71%), DOGE (42%), and Ether (18%), the survey notes.24% of contributors personal cryptocurrencies, in line with the survey. Of those that possess it, 70% are HODLers, having acquired the asset however by no means promoting it, in comparison with 55 p.c for the market as an entire. Per the survey, nearly 45% of ladies mentioned they knew learn how to purchase cryptocurrency, up from about 23% six months in the past.During an interview with Cointelegraph, Casper Labs CTO Medha Parlikar mentioned that she hopes regulators “transferring ahead” will proceed to permit for extra ladies in blockchain entrepreneurship. She famous that: “With respect to ladies in tech, I feel it could be an extended tail than simply instantly ladies rising in expertise. I see that there is a robust development in direction of supporting women who code proper.”Last yr, a examine revealed that gender equality within the crypto and blockchain business continues to be a great distance away. According to the April 2021 Global Gender Gap Report by WEF, it’ll take nearly 135.6 years to shut the gender hole because of the COVID-19 pandemic.However, this hasn’t deterred these ladies, who used blockchain expertise and crypto to sort out numerous social issues. As reported by Cointelegraph, a examine revealed in Dec. 2021 came upon the variety of Australian ladies who invested in crypto doubled over the earlier yr.Related: 10 ladies who used crypto to make a distinction in 2021A latest survey by KuCoin indicated a extra even distribution between female and male crypto customers in Turkey. KuCoin came upon that feminine buyers in Turkey account for 47% of buyers and 63% of crypto-curious.

Even although feminine buyers are more and more thinking about cryptocurrency and blockchain expertise, there’s nonetheless a big information hole in terms of these subjects, a brand new examine reveals. BlockFi famous {that a} third-party…

Turkish blockchain supplier Bitci is looking for to ascertain native crypto exchanges in Brazil and Spain in a bid to lure native crypto buyers.A Bitci spokesperson instructed Cointelegraph that Bitci is planning to open new crypto exchanges within the international locations the place the corporate has sizeable offers and property, as Reuters reported. The first cease for Bitci’s worldwide growth, additionally a primary for Turkish crypto exchanges normally, is Brazil. Bitci CEO Onur Altan Tan mentioned in an interview that the Turkish blockchain supplier goals to open its first change outdoors of Turkey in February in Brazil. Spain would see the second worldwide Bitci change in March. By opening native crypto exchanges in mentioned international locations, Bitci goals to supply higher service to native buyers, a spokesperson instructed Cointelegraph. Starting with its Brazilian change, Bitci additionally desires to strengthen its reference to native soccer golf equipment. Being a blockchain supplier, Bitci helped greater than 25 soccer groups to launch their fan tokens.Speaking to Reuters, Bitci’s CEO mentioned that the change has precious property in Brazil. “We have released fan tokens of Brazil’s national team and we have agreed with six other clubs,” he added. Exclusive fan token offers with soccer golf equipment would assist Bitci to jumpstart its progress in Brazil, based on Tan. Related: Turkish and Salvadoran presidents meet, Bitcoiners left disenchanted Bitci noticed aggressive progress during the last 12 months, signing partnership offers with a variety of famend sports activities entities like Brazilian and Spanish nationwide soccer groups in addition to the Formula 1 workforce McLaren Racing.As the coronavirus pandemic has diminished earnings for the sports activities business, fan tokens rapidly turned a development amongst sports activities golf equipment seeking to generate new income streams. The unclear regulatory framework surrounding cryptocurrencies in Turkey may also be seen as a key driver for Turkish crypto corporations to search for progress alternatives all over the world.

Turkish blockchain supplier Bitci is looking for to ascertain native crypto exchanges in Brazil and Spain in a bid to lure native crypto buyers.A Bitci spokesperson instructed Cointelegraph that Bitci is planning to open new crypto exchanges within the international locations the place the corporate has sizeable offers and property, as Reuters reported. The first cease for Bitci’s worldwide growth, additionally a primary for Turkish crypto exchanges normally, is Brazil. Bitci CEO Onur Altan Tan mentioned in an interview that the Turkish blockchain supplier goals to open its first change outdoors of Turkey in February in Brazil. Spain would see the second worldwide Bitci change in March. By opening native crypto exchanges in mentioned international locations, Bitci goals to supply higher service to native buyers, a spokesperson instructed Cointelegraph. Starting with its Brazilian change, Bitci additionally desires to strengthen its reference to native soccer golf equipment. Being a blockchain supplier, Bitci helped greater than 25 soccer groups to launch their fan tokens.Speaking to Reuters, Bitci’s CEO mentioned that the change has precious property in Brazil. “We have released fan tokens of Brazil’s national team and we have agreed with six other clubs,” he added. Exclusive fan token offers with soccer golf equipment would assist Bitci to jumpstart its progress in Brazil, based on Tan. Related: Turkish and Salvadoran presidents meet, Bitcoiners left disenchanted Bitci noticed aggressive progress during the last 12 months, signing partnership offers with a variety of famend sports activities entities like Brazilian and Spanish nationwide soccer groups in addition to the Formula 1 workforce McLaren Racing.As the coronavirus pandemic has diminished earnings for the sports activities business, fan tokens rapidly turned a development amongst sports activities golf equipment seeking to generate new income streams. The unclear regulatory framework surrounding cryptocurrencies in Turkey may also be seen as a key driver for Turkish crypto corporations to search for progress alternatives all over the world.

Turkish blockchain supplier Bitci is looking for to ascertain native crypto exchanges in Brazil and Spain in a bid to lure native crypto buyers. A Bitci spokesperson instructed Cointelegraph that Bitci is planning to open…