Investments in cryptocurrencies are alive and well in Turkey, thanks to the troubles in lira | Cryptocurrencies

Istanbul, Turkey – Just off Istiklal Street, Istanbul’s busiest pedestrian walkway, occasional passersby stop to take a look at a screen showing cryptocurrency prices in the NakitCoins window. Only a handful of people enter the store, but the physical exchange, which allows them to buy or sell Bitcoin and other cryptocurrencies, is a physical example … Read more

Banks are a strange place to keep your cryptocurrencies

One of the biggest strengths of cryptocurrencies is that they allow people to break away from traditional banking systems. Now the banks are hoping to convince you otherwise. As US regulators take a closer look at the world of cryptocurrencies, it is likely that US banks will soon follow their large overseas counterparts by offering … Read more

Inflation in Turkey Rises 36% Amidst the Lira Crisis, the Highest Since 2002 | Investment news

ISTANBUL (Reuters) – Turkey’s annual inflation rose much more than expected to 36.08% yoy in December, the highest since September 2002, data showed Monday reflecting a plunge in the lira’s value at the end of the year. last year. Month over month, consumer prices rose 13.58%, according to the Turkish Statistical Institute, compared to a … Read more