Turkey's Central Bank Finishes First CBDC Test With More In 2023.

The CBRT's Digital Turkish Lira has completed its first experiment. On Dec 29, the CBRT announced its first digital lira payments. In the first quarter of 2023, it will conduct restricted, closed-circuit pilot testing with technology stakeholders. (Read More)

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Turkey’s President Embraces Cryptocurrency and the Metaverse

Turkey’s high inflation is disrupting the country, and cryptocurrency analysts believe that Bitcoin could help solve the country’s prolonged issues.

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In Investing, What’s Comfortable Is Rarely Profitable

“In investing, what’s comfortable is rarely profitable.” – Robert Arnott Covered: Lessons from Turkey Why Adoption is Exploding Lessons From Turkey Bitcoin and crypto do not feel very comfortable right now, but that’s the point. It requires mental fortitude to see the big picture. When you stop looking at the price, clear your head, and solely […]

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Turkey Ditches the Unstable Turkish Lira and Opt For Cryptocurrencies

Turks put their money into U.S. dollars, euros, or gold, yet the rise of crypto-assets in the past few years showed a new way to invest.

Continue reading Turkey Ditches the Unstable Turkish Lira and Opt For Cryptocurrencies at DailyCoin.com.

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

Turkish Bitcoin holders avoid an accelerating currency collapse as the lira loses 15% against the U.S. dollar in a single day.

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