Lira Financial News

10.11 / 13:53

Binance Lira Turkish Lira Tops Fiat Volumes in September as Adoption Grows: Binance Research

The Turkish Lira (TRY) leads the chart as the top fiat traded on the world’s largest exchange by volume, Binance following a surge in the number of investors, new research shows.

10.11 / 08:49

Adoption Binance regulation Trading Research Lira Top crypto Turkish Lira becomes top crypto trading pair on Binance in Sept 2023

The Turkish Lira (TRY) became the most dominant fiat trading pair on Binance in the month of September, according to the crypto exchange’s research.

25.08 / 18:39

Binance ETF Bitfinex Platform BlackRock Commerzbank Bitcoin Lira Bitfinex Crypto Exchange Collaborates with Turkey's Second-Largest Bank to Offer Free Turkish Lira Deposits

Crypto trading platform Bitfinex has unveiled a feature that allows its Turkish customers to directly deposit Turkish Lira into their accounts without incurring any charges.

24.08 / 15:19

COST Lowe's Target Reuters show gay Lira Turkey shocks with big rate hike to 25%, boosting lira

By Ali Kucukgocmen and Jonathan Spicer

12.02 / 17:11

UPS Provident ETF Platform MEXC Lira Support Crypto Donate! MEXC Support Turkey Earthquake With 1 Million Worth Lira

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

30.12 / 13:41

inflation Central Bank banking Lira Central Bank Digital Currency: Turkey's Central Bank Conducts First Transactions of Digital Lira – Will Other Countries Follow Suit?

The Central Bank of the Republic of Turkey (CBRT) has completed the first trial of its central bank digital currency (CBDC), the Digital Turkish Lira.

06.09 / 20:05

UPS Bitcoin Lira Turkish Inflation and Lira Woes Makes Crypto The Great Mitigator

Notwithstanding the Ukraine war, 2022 will most likely go down in history as the year of inflation. Following decades of sub-5% inflation in the United States and the European Union, prices have risen by around 9% in both areas, driven predominantly by supply shocks to energy and food (not to mention quantitative easing).

01.03 / 03:21

UPS Ripple Lira Could rising Turkish lira/stablecoin trades affect ‘real economic activity’

All over the world, COVID-19 and geopolitical tensions have amped up the rate of crypto adoption – and especially so in emerging economies. While a crypto investor in America or Western Europe may not think these changes can affect them, BIS’ quarterly review makes it clear that “cryptoisation” in emerging economies has the potential to impact everyone.

11.02 / 12:33

Adoption economics Bitcoin Lira Turkey (Unintentionally) Builds Case for Bitcoin as It Plans to Convert Citizens' Gold to Lira

The Turkish government is working on plans to get its citizens to hand in ‘under the mattress’ gold in its latest scheme to prop up the value of its national currency, the lira. But according to some, the country would have been much better off had it just embraced bitcoin (BTC).

26.12 / 14:03

Binance Digital Platform Fine Lira Turkey’s MASAK imposes 8M lira fine on Binance Turkey citing ‘non-compliance’

Crypto is in the news in Turkey for two reasons today. For starters, Turkey‘s President Recep Tayyip Erdoğan has confirmed the completion of a crypto-law draft. It will soon be shared with the Parliament for mainstream implementation across the country.

26.12 / 07:55

business Law Binance Bitcoin Lira compliance Binance Turkey fined 8M lira for non-compliance against money laundering

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.

21.12 / 18:37

UPS Rescue Lira Turkey Rolls Out Economic Rescue Plan, Reversing Lira Spiral

ISTANBUL—Turkey’s currency mounted a dramatic, partial reversal from a monthslong collapse Tuesday after President Recep Tayyip Erdogan announced a rescue plan to encourage Turks to put their money back into the lira.

21.12 / 13:19

markets Bitcoin Bitcoin Price boost Lira Bitcoin hits $49K as BTC price gets unlikely boost from Erdoğan’s Turkish lira tinkering

Bitcoin (BTC) rebounded over 5% on Dec. 21 as a dramatic turnaround in the fortunes of the Turkish lira boosted investors’ confidence.

20.12 / 14:29

markets Bitcoin Bitcoin Price Lira Time Bitcoin wobbles below $46K as 1 BTC passes 800K Turkish lira for the first time

Bitcoin (BTC) fell over 5% from local highs through Dec. 20 as macro tensions persisted into the new week.

23.11 / 16:43

markets Bitcoin Bitcoin Price Lira Time Bitcoin hits new all-time high in Turkey as fiat currency lira goes into freefall

Bitcoin (BTC) has frustrated investors with its recent price correction, but in one country, BTC hodlers have never been more relieved.

19.11 / 17:27

Provident BTC Lowe's Bitcoin Lira Is Bitcoin ‘hope for Turkey’ as lira suffers a steep decline

People invest in cryptocurrency for different reasons. Many investors see in Bitcoin an opportunity to beat inflation and hence, they invest in it. Most of them would agree that cryptocurrency, especiallyBitcoin, is a great hedge against inflation. When inflation rises, and the value of fiat currency depreciates, BTC can provide a means to deal with such a crisis.

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