Turkey: Magnitude 6.2 Earthquake Shakes Istanbul; 151 Injured Amid Panic, No Deaths A moderate earthquake measuring 6.2 on the Richter scale struck the northwestern region of Turkey, specifically shaking Istanbul and causing panic among residents. The earthquake, although powerful, thankfully resulted in no fatalities, with 151 reported injuries as a consequence of the seismic event. […]
Turkey investigates Netflix, Disney, and Amazon for competition law violations
Turkey Investigates Netflix, Disney, and Amazon for Potential Competition Law Violations In a move to promote fair competition within the local digital entertainment market, Turkey’s Competition Board has initiated investigations into the business practices of global streaming behemoths Netflix, Disney, and Amazon. This bold step underscores the government’s commitment to safeguarding the interests of consumers […]
Turkey grants full control of crypto regulation to CMB
Turkey Grants Full Control of Crypto Regulation to CMB Turkey has taken a significant step in the regulation of the cryptocurrency sector by granting full control to the Capital Markets Board (CMB). This move comes as part of the new crypto regulations in the country, which aim to bring more stability and security to the […]
BankPozitif partners with Taurus for crypto safekeeping in Turkey
BankPozitif Partners with Taurus for Crypto Safekeeping in Turkey BankPozitif, a prominent player in the Turkish banking sector, has recently made waves by announcing its partnership with Taurus, a leading digital asset platform. This strategic move is set to revolutionize the way Turkish investors engage with cryptocurrencies, marking a significant step forward in BankPozitif’s mission […]
Turkey Sets Strict Regulatory Framework for Cryptocurrency by 2025
As the global financial landscape evolves, Turkey is taking proactive steps to establish a robust regulatory framework for cryptocurrency. By 2025, the Turkish government plans to enforce stringent rules aimed at enhancing oversight and security in cryptocurrency transactions. These regulations reflect the growing recognition worldwide of the need for regulatory measures in the rapidly changing […]
US Firm Acquires Israeli Spyware Company: A Shift in Cybersecurity Dynamics
In a significant move that spotlights the expanding role of private investment in cybersecurity, an American investment group has successfully acquired the Israeli spyware company, Paragon. This acquisition not only highlights the increasing interdependence between technology and security but also raises questions about the ethical implications of such powerful surveillance tools in both commercial and […]
Turkey Rescinds Meta Investigation: Implications for Global Social Media Governance
In a significant development for digital policy, Turkey has decided to conclude its investigation into Meta Platforms Inc., the parent company of Facebook, Instagram, and Threads. This action comes in response to concerns regarding data sharing practices and competition law implications, signaling a pivotal moment in the increasingly complex landscape of digital privacy and regulation. […]
Turkish Investors Increasingly Choose Crypto Over Real Estate
A significant shift is occurring in Turkey’s investment landscape, as a new survey reveals an increasing preference among Turkish investors for cryptocurrencies over traditional assets like real estate. Conducted by the Turkish crypto exchange Paribu, the ‘2024 Cryptocurrency Awareness and Perception’ survey highlights this evolving trend, showcasing the growing acceptance and enthusiasm for digital assets […]