Tag: Turkey

forex market crypto news and updates
October 10, 2019 BY Valentina Kirilova

Daily Market News: Fed is fighting for survival

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for October 10, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, Perhaps one of the oddest harbingers in our current global economy is the staggering amount of negative-yielding…

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Turkey forex regulation
August 13, 2018 BY Mariela Naydenova

How Bitcoin can help Turkey

Bitcoin has been often used as a store-of-value cryptocurrency, rather than as a transactional one. Countries that face problems with their own currencies have now turned to Bitcoin as if it would be the "gold of tomorrow". Turkey may be the next country to bet on Bitcoin, given that the Turkish Lira is currently plunging.…

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February 13, 2017 BY Valentina Kirilova

Turkey looks to boost the Lira by allowing FX based securities for foreign issuers

Turkey’s treasury is set to pave the way for foreign investors to issue foreign exchange-based securities as part of the Istanbul Finance Center project, in a move to attract more foreign investors into the country’s capital markets, Hurriyet Daily News has announced. Deputy Prime Minister Mehmet Şimşek commented: Foreign investors and issuers can make transactions…

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July 18, 2016 BY Mike Fox

FxPro sets trading to close only on Turkish lira

FCA and CySEC regulated broker FxPro informed clients today that as a result of the apparent attempted coup in Turkey and the increasing volatility across the markets, the following trading conditions went into effect upon Market Opening ‪on Monday, July 18 (00:00 GMT+3‬): - "Close Only" functionality enabled on FxPro MT4 and FxPro MT5 on all…

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May 31, 2016 BY Mike Fox

Regulator forces PayPal to shut down in Turkey

PayPal, the multi-currency global payments provider today informed customers in Turkey that they can no longer be served via the official Turkish PayPal page. According to different media outlets, apparently the Banking Regulation and Supervision Agency (BRSA) of Turkey is only approving companies with infrastructure based within their borders. Customers in Turkey as of June 6, 2016, will…

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