• no ads
  • no ads

Turkish Lira Drops, Turkish Gov’t Banned Cryptocurrencies

The Central Bank of Turkey banned the used of Cryptocurrencies as of payment as of April 30, 2021. The government alarmed the drop of it’s currency Turkish Lira because many are doing their transactions online using Bitcoins and other Cryptocurrencies.

 

Their moves is to curved the use of Crypto and urged the stop of electronic fund transactions on different platforms this to stop the further affects on their Lira.

 


Copy Trading No Loss All Wins: https://bit.ly/3uyesBX 

 

In March, the Treasury and Finance Ministry said it shared the “global concern” about the development of cryptocurrencies. The ministry signaled it was working on regulations in cooperation with the central bank, the banking regulator and Turkey’s capital markets board.

 

The Bitcoin priced has surged 111% this year to trade above $60,000,  it’s one of the highest so far, while ethereum, the second-largest cryptocurrency, has jumped to 225%, these are indication that Crypto is gaining more and attracted more investors than before.

 


Non-Profit Charitable Organisation: https://bit.ly/38kGf0d 

 

Trading volume in cryptocurrencies almost tripled to $2.8 billion between March 20-24, from about $1 billion in the same period last year, the newspaper reported, citing Chainanalysis data.

 

Other Posts

$2 Trillion Crypto Market Value For the First Time  
The Newest Crypto Made Billionaires, Who Are They?    
Bitpax Price Doubled in a Month after its Launching !    
The New LATOKEN Apps Launched, New Player in Crypto Exchange!    
Is XRP Really Similar To Bitcoin?

References and resources

Copy Trading No Loss All Wins: https://bit.ly/3uyesBX 
Non-Profit Charitable Organisation: https://bit.ly/38kGf0d
Join with Bitpax: https://bit.ly/3ts1i9i 
Bitcoin Transaction Fees is getting Higher: https://bit.ly/2OjYnjU 
New Coin Emerging: https://bit.ly/3d0cuEH 
Copy Trading No Loss All Wins: https://bit.ly/3uyesBX 
Staking Opportunity: https://bit.ly/3uvPbsc
About Bitpax: https://bit.ly/3d0cuEH 

 

Related post