Connect with us

Turkey Govt Bans Crypto Trading

Piroll

Published

3 years ago

on

Follow
OTHERS NEWS: Turkey Govt Bans Crypto Trading [New Others News] » Naijacrawl
Photo: Naijacrawl

If you're a Crypto trader, you might have notice a retraced fall of the the price of bitcoin today, has the number 1 cryptocurrency descended from record highs on Friday following a decision by Turkey's central bank to ban cryptocurrencies for payments.

Read Also : Nigeria Govt Sets To Regulate Bitcoins, ETH And Other Crypto


The Central Bank of the Republic of Turkey (CBRT) said the use of cryptocurrencies and other crypto assets based on distributed ledger technology would be prohibited as a payment, whether directly or indirectly.

The ban will come into force from 30 April this year.

It is instructive to note that Turkey harbor many crypto investors.

Some months ago, the Central Bank of Nigeria also joined the list of countries that failed to encourage crypto trading.

Click Here To Comment




Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

Continue Reading
Click to comment

Be first to comment


Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

OTHERS NEWS: Apple Unveils iPhone 16 Series at Glowtime Event - Check Nigerian Price [New Others News] » Naijacrawl
2 months ago 75

Apple Unveils iPhone 16 Series at Glowtime Event - Check Nigerian Price
OTHERS NEWS: Binance Founder CZ Steps Down Amidst DOJ Charges, Company Agrees to $4.3 Billion Settlement [New Others News] » Naijacrawl
11 months ago 291

Binance Founder CZ Steps Down Amidst DOJ Charges, Company Agrees to $4.3 Billion Settlement
OTHERS NEWS: The Evolving Role of HR Professionals in the Data-Driven Era [New Others News] » Naijacrawl
1 year ago 318

The Evolving Role of HR Professionals in the Data-Driven Era

  • NC NEWSLETTER

    Download Naijacrawl App today

    Fastest way to read on the go

    Download the Naijacrawl App.