How did the Turkish crypto ecosystem survive in 2020? With the Cointelegraph
How did the Turkish crypto ecosystem survive in 2020?
Turkey’s crypto and blockchain ecosystem welcomed 2020 with great ambition and a strong track record of 2019, the best year ever in terms of adoption. According to the publication of Statista’s “Global Consumer Survey 2019”, the lists Turkey as a world leader In terms of crypto usage, one major crypto exchange after another announced plans to set up a business in the country.
Huobi and Binance established their offices in Istanbul, the largest city and the largest business center in Turkey. Big players from Europe like Crypto.com and Bitpanda showed clear interest in the Turkish crypto ecosystem. The Turkish lira, the country’s national currency, became one regular trading pair on global exchanges.
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