Crypto News From Turkey: Nov. 2-Nov. 9
Adrian Zmudzinski's original article for cointelegraph.com reduced by 50%
Both the country's central bank and the Scientific and Technological Research Council of Turkey work on developing the new system. Fraudster rakes in 600 BTCA scammer Aydin, Turkey, defrauded up to 40 people of roughly 600 Bitcoin, valued at over $5 million at press time. Huobi and Binance are coming to TurkeyCointelegraph Turkey recently interviewed two executives of the crypto exchange Huobi after the company's recently announced plans to launch a fiat gateway for the Turkish lira.
During the interview, Huobi MENA co-founder Mohit Davar and Chief of Staff at Huobi Ciara Sun answered questions concerning the exchange's move to Turkey. Sun pointed out that not only the exchange, but also Huobi Pool, Huobi Wallet, Huobi Capital and Huobi Labs will also all be at the service of the Turkish crypto community. In an interview with Cointelegraph, the strategy officer of major cryptocurrency exchange Binance, Gin Chao, announced that Binance's move to Turkey is also imminent.
More precisely, he explained that Turkey has a notable gross domestic product but lacks the political and financial stability of the eurozone, making the country a prime candidate as a place to use cryptocurrency in everyday life.
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CN [too long; didn’t read]
Summarised crypto news.