Turkey
Spanish regulator orders Binance to cease offering crypto derivatives
Binance has dropped its crypto derivative offerings in Spain as it is yet to be fully licensed in the country Elsewhere, Binance Turkey is taking legal action against fake ads The largest cryptocurrency exchange by trading volume, Binance, has been told by the securities regulator in Spain, the Comisión Nacional del Mercado de Valores (CNMV), to stop offering customers its crypto derivatives products, as per local reports. The trading platform has since removed the option for the crypto derivatives from its website, effectively preventing users from creating new operations. Binance has been seeking approval, and the move to comply with the order is part of the exchange’s efforts to woo the regulator. The regulator, on past occasions, warned against crypto derivatives such as futures ...
This Electronic Music Festival Has Hot Air Balloon Afterparties, Horseback Riding and More
Echoes from Agartha is a journey through one of the most impactful geographic locations in the history of human civilization. Situated in the heart of Turkey, Cappadocia is the setting of one of this year’s most expansive and culturally enlightening electronic music festivals. Slated for this summer, Echoes from Agartha is a techno-focused festival experience paired with an unmatched set of excursions. The festival is bringing renowned dance music producers Lee Burridge, Mind Against, Seth Troxler and WhoMadeWho to the stage, among many others, but its impressive lineup is only a fraction of the story. Organizers are ensuring attendees get the most of what Cappadocia has to offer, including horseback riding, breathtaking hot air balloon rides, exhilarating explorations through natura...
Portugal vs Turkey: Prediction, odds betting tips, live stream and free bet
Portugal, along with their contingent of world-class superstars, failed to top their World Cup qualifying group. Now they have to get past Turkey, a potentially tricky opponent, to secure a World Cup spot. Take a look below to see how to stream Portugal vs Turkey, as well as the odds, our predictions and the best free bets. Portugal vs Turkey live stream for free Sign up to Virgin Bet by clicking here Fill in all required details to create your account Deposit money and then stream Portugal vs Turkey online Geo-restrictions apply. All you need is a funded account or to have placed a bet in the last 24 hours to qualify. T&Cs apply, 18+ Bet £10 Get £20 In Free Bets Claim Offer New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sig...
Women’s interest in crypto grows, but education gap persists: Study
Even though female investors are increasingly interested in cryptocurrency and blockchain technology, there is still a significant knowledge gap when it comes to these topics, a new study reveals. BlockFi noted that a third-party survey panel conducted the study on Jan. 28, 2022, and included 1,031 female-identifying Americans between the ages of 18 and 65. According to a recent study by BlockFi focused on the shifting attitudes toward cryptocurrency, 92% of the women surveyed have heard about crypto, with almost one in four (24%) already owning some. In contrast, 80% still find it difficult to understand and 72% believe investing is too risky. Per the study, over one-third of women intend to purchase cryptocurrency in 2022, with 60% of respondents saying they would buy crypto in the next ...
Turkish president orders ruling party to organize metaverse forum
Turkish President Recep Tayyip Erdoğan and ruling Ak Party officials met earlier this week to discuss the metaverse, with the president calling for comprehensive research on the subject. Erdoğan has reportedly urged the Ak Party to study the metaverse, cryptocurrencies and how transactions are made using them, according to a Daily Sabah report. At a meeting on Tuesday, party leaders were instructed to research the phenomenon with significant ramifications for the future. The economic aspects of the metaverse, cryptocurrencies and social media are likely to be addressed at a forum that will be organized by the ruling party. In Turkey, the metaverse is gaining interest. According to some reports, thousands of virtual territories in Turkey, most of which are located in the historic form...
Vibe killers: Here are the countries that moved to outlaw crypto in the past year
Last week, Pakistan’s Sindh High Court held a hearing on the legal status of digital currencies that might lead an outright ban of cryptocurrency trading combined with penalties against crypto exchanges. Several days later, the Central Bank of Russia called for a ban on both crypto trading and mining operations. Both countries could join the growing ranks of nations that moved to outlaw digital assets, which already include China, Turkey, Iran and several other jurisdictions. According to a report by the Library of Congress (LOC), there are currently nine jurisdictions that have applied an absolute ban on crypto and 42 with an implicit ban. The authors of the report highlight a worrisome trend: the number of countries banning crypto has more than doubled since 2018. Here are the ...
Ava Labs and EV maker Togg to build smart contract-based mobility services
Turkey’s electronic vehicle (EV) manufacturer Togg has announced a strategic partnership with Ava Labs to design and build smart contract-based services aimed at improving autonomous mobility. Togg’s collaboration with Ava Labs, a team dedicated to supporting and developing the Avalanche public blockchain, was revealed at the CES 2022 event in Las Vegas. As Cointelegraph Turkey reported, the partnership aims to fast-track Togg’s Use-Case Mobility initiative, which combines different technologies and transportation solutions to produce cars with more functionalities as compared to traditional EVs. According to the official announcement, Togg has been exploring use cases around blockchain and related technologies in EVs for more than a year. With Ava Labs’ partnership, Togg intends to ...
Law Decoded: Three regulatory trends of 2021, Dec. 20–27
It is that time of the year: Singular events must be abandoned in favor of end-of-year, big-picture narratives and yearly lessons learned. As many governments across the globe finally had to face the rapidly mainstreaming realm of digital finance, the year is packed with developments in crypto policy and regulation that are impossible to fit into a neat little summary. However, it is possible to try and distill several major trends that have come to the fore during the past 12 months, and that will keep shaping the relationship among societies, state power and the crypto space as we roll into 2022. Below is the concise version of the latest “Law Decoded” newsletter. For the full breakdown of policy developments over the last week, register for the full newsletter below. U.S. Congress notic...
Binance Turkey fined 8M lira for non-compliance against money laundering
The Financial Crimes Investigation Board (MASAK) has fined Binance Turkey 8 million lira (nearly $750,000) after the crypto exchange failed the financial watchdog’s audit for monitoring Anti-Money Laundering (AML) compliance. The Financial Crimes Investigation Board (MASAK), which serves as Turkey’s financial intelligence unit under the Ministry of Finance and Treasury, found crypto exchange Binance’s Turkey operations guilty of violating laws that intend to prevent the laundering of money acquired through criminal means. According to local news media Anadolu Agency, MASAK carried out an audit of Law No. 5549 on Prevention of Laundering Proceeds of Crime, also known as the AML Law. The AML Law in Turkey requires companies to identify and verify the personal identification information...
Turkey’s crypto law is ready for parliament, President Erdoğan confirms
Turkey’s President Recep Tayyip Erdoğan has reportedly confirmed the completion of a crypto law draft that will soon be shared with the Parliament for mainstream implementation in the country. In an effort to counter the falling value of the Turkish lira, President Erdoğan shared plans to implement a new economic model while speaking at a press conference in Istanbul. As reported by local media NTV, Erdoğan said that the cryptocurrency bill is ready, adding: “We will take steps on this issue by sending it to Parliament without delay.” Acknowledging the country’s recent inflationary episode, Erdoğan said that the currency event is not related to mathematics but a matter of process — implying a possibility and potential of lira’s value growth: “With this understanding, we intend to cha...
Young Dolph’s Team Moves Forward With Turkey Drive In His Honor
HipHopWired Featured Video Source: Jason Mendez / Getty Even though he is no longer with us Young Dolph’s spirit continues to live on. His team made sure that his annual turkey drive fed people in his hometown. As spotted on Huffington Post friends and family of the fallen MC honored him by continuing his commitment to community. On Friday, November 19 they hosted a Thanksgiving drive in Memphis, Tennessee at the St. James Missionary Baptist Church. Staff from his Paper Route Empire record label and the place of worship gave out turkeys, stuffing mix, cranberry sauce and other sides to people in need. According to those in attendance this had been an effort that had been in the works for sometime. Additionally Dolph had planned to be in attendance. Related Stories PRE employee Bee Bee...
Turkey vs Norway preview, team news, betting tips & prediction
Turkey will look to bounce back from their drubbing against the Netherlands when they take on Norway in the World Cup qualifiers this week. The two sides meet on Friday at 19:45 pm BST. Turkey and Norway are separated by just two points in Group G and both teams will fancy their chances of winning here. Turkey vs Norway team news Kenan Karaman misses out through injury and Turkey will also be without Çaglar Soyuncu, Ozan Kabak and Orkun Kokcu due to suspension. Norway have an extended injury list and they will be without Fredrik Midtsjo, Kristoffer Ajer, Jonas Svensson, Erling Haaland, Joshua King, Mathias Normann and Per Kristian Bratveit. Turkey possible starting line-up: Bayindir; Celik, Ayhan, Demiral, Muldur; Under, Ozdemir, Tufan, Calhanoglu; Yilmaz, Yazici Norway pos...
