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Turkey

Paribu
2026-09-22 02:08:47

Paribu joins Circle Arc network as day-one launch partner in Turkey

Turkish cryptocurrency exchange Paribu said it has become a day-one launch partner for Circle’s Arc network, a move tied to plans to bring the USDC stablecoin into the Turkish market. Under the partnership, Paribu users will be able to deposit, withdraw, and trade USDC through the Arc network. Circle describes Arc as an independent blockchain built specifically for stablecoin payments, with the stated goal of linking traditional finance and digital assets. Paribu is one of Turkey’s major crypto trading platforms, making the tie-up a notable step in Circle’s push for stablecoin payment infrastructure in the country. The announcement was reported by Techub News.

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Paribu joins Circle Arc network as day-one launch partner in Turkey
Turkey
2026-09-20 05:13:28

Turkey says it may assist Saudi Arabia under Mecca joint defense pact

Turkey may provide assistance to Saudi Arabia under the Mecca Joint Defense Agreement following recent attacks on the kingdom by Yemen’s Houthi forces, according to remarks made by Turkish Foreign Minister Hakan Fidan on Sept. 19. Fidan said signatories to the pact are watching the attacks on Saudi Arabia and that the kingdom’s military needs may center on certain technical issues that Turkey would be able to meet. Saudi Arabia, Turkey and Pakistan signed the Mecca Joint Defense Agreement on Aug. 7. In a joint statement released the same day, the three countries said the pact is intended to strengthen collective deterrence against any act of aggression. Under the agreement, an armed attack on any one of the three countries would be treated as an attack on all of them. The report was cited by CCTV International News and carried by Odaily.

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Turkey says it may assist Saudi Arabia under Mecca joint defense pact
MENA
2026-09-07 00:13:40

MENA Crypto Trading Volume Hits $350 Billion, Saudi Arabia Surges 154%

Crypto trading volumes in the MENA region have reached nearly $350 billion annually, more than tripling from $100 billion in 2022, according to the Bitcoin Policy Institute. Saudi Arabia leads with 154% year-over-year growth, driven by institutional transfers (93% over $10,000). Turkey remains the largest market at nearly $200 billion, boosted by lira depreciation. The UAE recorded $53 billion in transactions, supported by regulatory frameworks like VARA and ADGM. Stablecoins account for 45%–52% of regional activity, surpassing Bitcoin’s share.

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MENA Crypto Trading Volume Hits $350 Billion, Saudi Arabia Surges 154%
U.S. Treasury
2026-09-04 15:04:52

U.S. Treasury Sanctions Turkey's Golden Global Bank, Cuts Iran's Financial Lifeline

The U.S. Treasury Department's OFAC has sanctioned Turkey-based Golden Global Bank and its subsidiaries under 'Operation Economic Exodus,' accusing them of facilitating tens of millions of dollars for the Iranian regime. The action severs a critical financial conduit for Iran in Turkey, increasing economic pressure. The Treasury pledged to continue working with allies to combat Iran's illicit financing networks.

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U.S. Treasury Sanctions Turkey's Golden Global Bank, Cuts Iran's Financial Lifeline
Tether
2026-08-24 01:23:57

Tether CEO says USDT use is rising in trade and savings across several developing countries

According to Criptonoticias, Tether Chief Executive Officer Paolo Ardoino said on Aug. 23 that USDT is seeing broader use in developing countries including Venezuela, Argentina, Bolivia, and Turkey. He said the stablecoin is being used for both domestic and cross-border trade, while also serving as a digital dollar and a store of value in places where local currencies are losing value quickly, access to U.S. cash is limited, or the financial system faces restrictions. Ardoino pointed to several country-specific examples. In Venezuela, small and medium-sized businesses are using USDT to settle import and export transactions. In Bolivia, it has been used in commercial deals, including fuel purchases. In Argentina, USDT is widely used in the street economy and peer-to-peer markets for value preservation and exchange. In Turkey, residents are also turning to USDT as a way to cope with persistent inflation.

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Tether CEO says USDT use is rising in trade and savings across several developing countries