Another crypto company under threat of bankruptcy

SHAFAQNA TURKEY – The crypto asset market is going through a difficult period due to the influence of companies in distress. Another company was said to be on its way to bankruptcy before the dust of the noisy FTX bankruptcy process settled. Digital asset brokerage Genesis, which suspended withdrawals following the events on FTX, was … Read more

These 4 Bitcoin Exchanges Are Crashing!

SAFAKNA TURKEY – There are now concerns that $10 billion in Bitcoin and crypto giant Digital Currency Group (DCG) could run into trouble after crypto lending platform Genesis was forced to put withdrawals on hold and was revealed to be seeking a $1 billion emergency loan. . This week, Genesis, one of the biggest crypto … Read more

Russia Adopts Cryptocurrency Law

SAFAKNA TURKEY – Following recent developments in the cryptocurrency markets, countries are taking steps. Finally, the lower house of the Russian parliament proposed a new bill on cryptocurrency mining. According to the bill, from November 17, it is proposed to legalize the mining of cryptocurrencies and the sale of cryptocurrencies. The passage of the bill … Read more

The arrangement of the tax base in the car will be carried out from December 1.

SAFAKNA TURKEY- Minister of Finance and Treasury Nureddin Nebati met with representatives of the Association of Official Automobile Dealers (OYDER). During the meeting, which was attended by OYDER President Altug Ercis and accompanying board members, views were exchanged on the sector and the tax base in the automotive industry came to the fore. During the … Read more

Fitch has not changed Turkey’s ‘B’ rating

SAFAKNA TURKEY – The international rating agency Fitch confirmed Turkey’s credit rating at the level of “negative” and “B” in its assessment of the Turkish economy. “Turkey’s ‘B’ rating reflects political and geopolitical risks, as well as growing economic turmoil due to weak external funding, increasingly intrusive and unconventional policies,” the agency said in a … Read more