Did Turkey's Central Bank Really Ban Bitcoin Payments?
In this episode, students from Turkey and Italy discuss the recent decision by the Turkish Central Bank to ban the use of cryptocurrencies as a form of payment. While trading and holding crypto remain legal, the restriction targets payment services like Papara, creating uncertainty for users and businesses operating in the space. The conversation highlights how this policy reflects deeper concerns about inflation, currency devaluation, and capital flight from the Turkish lira into digital assets.
The episode also explores how students are navigating these changes, from managing exchange access to continuing blockchain education and club activities. Despite the regulatory pressure, there's a clear sense of determination among young builders to stay involved and informed. With crypto adoption on the rise and economic conditions shifting rapidly, the community is keeping a close eye on how policy and innovation will collide in the months to come.
In this podcast episode, we go over the recent ban imposed on crypto payments by the Central Bank of Turkey. Did bitcoin really get banned from Turkey? Or just some payment processors?
What is the impact that this can have on the economy? We will discuss these questions and dig into many more issues that impact Turkey's fiscal policy.
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