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The Greek Current
The Greek Current

Turkish cryptocurrency exchanges collapse amid crackdown

Since last Wednesday, three Turkish cryptocurrency exchanges have suspended operations in the country after the central bank announced restrictions on the use of cryptocurrencies, triggering a run on the exchanges. A number of Turks had turned to cryptocurrencies as a way to protect their savings from skyrocketing inflation and the weakening of the Turkish lira. Dr. Aykan Erdemir, the senior director of the Turkey program at the Foundation for Defense of Democracies and a former Turkish lawmaker, joins The Greek Current to analyze these latest developments.

Read Aykan Erdemir’s latest policy briefing for the FDD here: Ankara’s Crackdown Triggers Run on Turkish Cryptocurrency Exchanges

Read his piece in Foreign Policy: 

Erdogan’s Power Plays Turn to Profit Margins

You can read the articles we discuss on our podcast here:

Long day in Geneva, no sign of progress

Turkish Cypriots insist on two state solution

PM: Vaccine hesitancy driving high death rate

Greece surpasses 3 million mark in vaccines

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