Turkish President Recep Tayyip Erdoğan and ruling Ak Party officials met earlier this week to discuss the metaverse, with the president calling for comprehensive research on the subject.Erdoğan has reportedly urged the Ak Party to study the metaverse, cryptocurrencies, and how transactions are made using them, according to a Daily Sabah report.At a meeting on Jan. 25, party … [Read more...] about Turkish president orders ruling party to organize metaverse forum
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Turkish ruling party holds meeting in metaverse, talks crypto regulation
Ak Party, Turkey’s governing party, held its first metaverse meeting on Monday wherein it discussed upcoming crypto regulation. The Grand National Assembly of Turkey (TBMM) hosted its first meeting in the metaverse, Cointelegraph Turkey reported. Attending the virtual meeting were TBMM group deputy chairmen Mahir Ünal and Mustafa Elitaş along with Ömer İleri, the vice president … [Read more...] about Turkish ruling party holds meeting in metaverse, talks crypto regulation
Turkish Lira Is Now More Volatile Than Bitcoin
Rising historical volatility implies prices have been moving more than usual. Assets with high volatility readings are considered risky investments, which means the lira, a sovereign currency, is now riskier than bitcoin, a cryptocurrency created and distributed on a peer-to-peer basis and often criticized for being unreliable as a medium of exchange and store of value due to … [Read more...] about Turkish Lira Is Now More Volatile Than Bitcoin
Socios partners with Turkish soccer club union to explore digital revenue models
The soccer world continues to seek out new revenue models amid the coronavirus pandemic, which saw the suspension of league matches in some countries, and new partnerships form to find sustainable answers in the digital space.Representing soccer clubs playing in the Süper Lig, Turkey’s primary soccer league, the Turkish Union of Clubs has partnered with fan engagement platform … [Read more...] about Socios partners with Turkish soccer club union to explore digital revenue models
Turkish customs confiscate over 500 smuggled Bitcoin mining rigs
Turkish customs enforcements brought down an illegal smuggling operation in what is said to be a record bust against illegal Bitcoin (BTC) mining equipment in the country. After receiving a tip, Turkey’s Customs Protection’s anti-smuggling and intelligence teams raided a warehouse earlier this week in Karabağlar, İzmir, where they found 501 ASIC Bitcoin mining rigs in closed … [Read more...] about Turkish customs confiscate over 500 smuggled Bitcoin mining rigs