The rise of cryptocurrencies is making its impact on financial systems and economies felt more and more every day. These new means of storing and transferring value offer an alternative path that questions the traditional understanding of economics. Turkey has become one of the leading actors in this innovative and dynamic trend. The rapid increase in the number of users and the expanding cryptocurrency ecosystem are indicative of the extent to which Turkey has embraced this new financial wave. A report by Data Option provides an overview of the activity of cryptocurrency users in Turkey in the first quarter of 2023. The report includes information on many topics such as the use of cryptocurrency media sites, preferred cryptocurrencies, trading volumes in Turkish cryptocurrency exchanges, stable cryptocurrencies in Turkey. The graph below shows an example from the mini-report. In the first quarter of 2023 (January-February-March), $36.6 billion was traded on eight […]
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