Middle East Leader In Crypto Use Turkey21-09-2020
In the 2020 Chainalysis cryptocurrency report, Turkey uses cryptocurrency the most among the Middle East countries. According to the report, Turkish people adopt cryptocurrency more. Besides, the Middle East region came after Africa and took its place as the second last cryptocurrency market in the world.
The Tether can be used in South Korean ATMs
Tether is increasing its effectiveness in South Korea thanks to its partnership with MeconCash. According to the agreement, South Korean Won can be withdrawn with Tether at 13,600 ATMs in South Korea. USDT can be used in various payment services as well as using ATMs.
Cryptocurrency Move From PayPal
PayPal is banned in Turkey in 2016, in a program broadcast on CNBC, a rumor emerged that many vendors of cryptography to help start accepting money payments. This claim, made by Sandi Bragar, manager of asset management firm Aspiriant, backed up the information that PayPal has accelerated Blockchain Developer acquisitions in recent months.
Regulations Expected To Have A Positive Impact On Cryptocurrencies23-09-2020
According to the survey of crypto insurance company Evertas, institutional investors are considering focusing more on cryptocurrencies within 5 years. According to the survey, which included 50 corporate companies based in the USA and the United Kingdom, 84% of the participants emphasized that the sector will be more secure and liquid with the introduction of regulations to cryptocurrencies.
New Record in Bitcoin Difficulty Rate
According to Glassnode data, the difficulty level of Bitcoin mining increased by 11.3%, reaching an all-time high. In addition, this rapid rise was the third largest positive change in the last two years.
American Banks May Hold Stabilcoin Reserves
The US Currency Control Office (OCC) has allowed stablecoin issuers to hold only stablecoin reserves in banks. This development, which took place after the banks were given permission to store cryptocurrency in July, is interpreted as an indication that the US attitude towards cryptocurrencies has softened.
Digital Euro Statement by ECB President
ECB President Lagarde, in her digital euro assessment in the parliament; noted that Bank has analyzed the operational benefits and risks and that the digital euro would be a complement to cash, but not a substitute.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.