Crypto Is Not Regulated in Turkey, and It’s Thriving

[Tanimariya]

Central bank instability tends to attract people to cryptocurrency. As the lira dropped on Monday, internet searches about cryptocurrencies spiked.
When news broke that Turkey’s President Recep Erdoğan had suddenly replaced the head of the nation’s central bank on March 19, Tilbe Yardım, 30, rushed to convert her Turkish lira into crypto.

“Turkish investors and people who understand finance are really angry and saddened about what happened on Friday night,” Yardım told CoinDesk.
Source Link