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Turkey’s central bank has placed a ban on the use of cryptocurrencies and crypto assets to purchase goods and services, citing possible “irreparable” damage and significant transaction risks in a move that cooled global bitcoin prices. According to the legislation published in the Official Gazette on Friday, the central bank […]
Turkey’s president Recep Tayyip Erdogan fires Naci Agbal after just four months on the job following surprise increase in interest rates to 19 percent. Agbal has been replaced with economist and politician Sahap Kavcioglu, according to a presidential decree.
