Garanti Deal’s Price Cut By 400M Euros Due To Weakened Lira – BBVA
The weaker Turkish lira has reduced the price of the BBVA deal to buy 50.15% of Turkish lender Garanti (GARAN.IS) by more than 400 million euros at current exchange rates, ...
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Tag: Turkey
BBVA Wants To Acquire 50.15% In Garanti For 2.25B Euros
Spain’s BBVA on Monday stated that it has decided to launch a tender offer for the 50.15% stake it does not own in its Turkish lender Garanti BBVA for nearly ...
We Are At War With Cryptocurrencies – Turkish President Erdoğan
Turkey seems eager to become a major blockchain hub as it is considered to be a nation with one leg in Europe and the other in Asia. Nonetheless, the same ...
Turkish Authorities Investigate Claims Of A $119M Dogecoin Mining Scam
Turkish media has reported that authorities in the country are investigating claims of a Dogecoin (DOGE) mining scam that pulled the rug on investors after it amassed a staggering $119 ...
Turkish Market To Introduce Gold-Backed Digital Tokens After New Partnership
Gold wholesalers are now beginning to find new methods of expanding their businesses to retail investors using blockchain-based tokenization. AgaBullion, an international bullion trading company has signed a partnership with ...
Premier League’s Wolverhampton Wanderers To Offer Fan Token
The English Premier League’s Wolverhampton Wanderers Football Club (Wolves) has announced that it will launch fan tokens under a new partnership with Bitci Technology, a Turkish blockchain platform. Wolves play ...
Indonesia Thinks About Issuing Capital Gains Tax On Crypto Trades
A spokesperson for the Indonesian Directorate General of Taxes, Neilmaldrin Noor, said that the regulator is now considering a tax scheme for capital gains acquired through crypto trades. However, the ...
Turkish Authorities Arrest Former GKFX Executives Implicated in $29M Fraud
Turkish authorities have arrested six men who have been linked to a $29 million scandal. The six were former executives of GKFX Financial Services Limited. Turkey has been faced with ...
The US Targets Strict Bitcoin Regulations To Stop Crypto Ransomware Scams
The US government together with the private sector players are currently pushing for extensive bitcoin regulations to limit the use of cryptos as payment for ransomware attacks. An experienced panel ...
Turkey Wants To Ban Cryptocurrency Payments
A new ban in Turkey will prevent all crypto holders from using their digital assets for payments. It will also prevent payment providers from adding funds to their digital wallets ...