Turkey’s Crypto Market on the Rise

As the digital age surges forward, Turkey finds itself in an exhilarating dance with cryptocurrency, declaring an astonishing trading volume that nearly touches $200 billion each year. This figure not only elevates Turkey to a prominent status within the MENA region but also raises pivotal questions about the nation’s relationship with digital currencies. What ingredients have contributed to this rapid ascent? More importantly, what lies ahead for crypto in Turkey?

Speculation Fuels the Altcoin Frenzy

Delving into the mechanics of Turkey’s crypto scene reveals a compelling narrative of altcoin speculation at its core. From the tail end of 2024 through mid-2025, trades in altcoins skyrocketed from about $50 million to a staggering $240…

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