Turkey announces ban on payments in cryptocurrencies starting from 30 April

Turkey tries to stem confidence issues with the lira

After the lira collapse at the end of last month amid Erdogan's tight grip over monetary policy, there has been renewed interest into cryptocurrencies in Turkey. In some sense, many are viewing that as a more 'stable' option as compared to the lira. Hence, why Erdogan & co. are trying to stop this from becoming more of a fad than it already is.

Top Brokers

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access