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OKEx Report Reveals, Turkey Might Be the Next Crypto-Powerhouse
Summary: As part of its economic roadmap, Tukey, the possible crypto-powerhouse, freezed millions of bank accounts, experienced hyperinflation for its fiat currency, and listed blockchain adoption, reports Ambcrypto. The Turkish government seeks to build a blockchain infrastructure, and the people are encouraged to enter the market, the largest bank in the country, Aktif Bank, launched its ...
As part of its economic roadmap, Tukey, the possible crypto-powerhouse, freezed millions of bank accounts, experienced hyperinflation for its fiat currency, and listed blockchain adoption, reports Ambcrypto.
The Turkish government seeks to build a blockchain infrastructure, and the people are encouraged to enter the market, the largest bank in the country, Aktif Bank, launched its own cryptocurrency recently. Many eyes are on the Turkish market because of this development. Binance announced support to the Turkish Lira and Huobi provided the country access to more than 250 cryptocurrencies for local investors. This interest in cryptocurrency started when the country suffered economic downfall because of U.S. President Trump's tariff on Turkey's exports dropping the Lira by 20%. Bitcoin was a way to escape this volatility from the Lira.
By Claudia Rivera
Tags: Binance,Cryptocurrency,Huobi,Turkey
Link: OKEx Report Reveals, Turkey Might Be the Next Crypto-Powerhouse [Copy]
