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The main reason for this decision is the fall in the value of bitcoin, which has devalued the country’s savings

So far, the Turkish authorities are restricting crypto payments, but they do not prevent people from holding digital assets

This time, the country bought $15 million worth of cryptocurrency

Due to the decline in the coin’s exchange rate, the losses amounted to about $12 million

The development of such documents is necessary to maintain the viability of financial instruments

In the run-up to the New Year and Christmas holidays, we offer to recall the most important and brightest events

The purchase was made in honor of the date December 21

The investors have invested $300 million in the country's bitcoin-backed bonds

The liquidations in the amount of $ 2,18 billion and a decrease in the interest of institutions in the first cryptocurrency

The country's bitcoin reserve now stands at 1270 BTC

The funds have already flowed into the country's newly formed bitcoin fund

According to the fund, the use of bitcoin as a legal tender carries risks for users