Bitcoin payments to be banned in Turkey after confidence drops in lira
3 min read . Updated: 16 Apr 2021, 09:00 PM IST
Premium- Turkish lira has plummeted this year, leading locals to keep savings in dollars, euros and bitcoin
Turkey will ban the use of cryptocurrencies as a form of payment following months of economic turbulence that spurred locals to swap the local currency for bitcoin and foreign currencies.
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