Turkey accounts for the most Google searches for “Shiba Inu coin” in the past three months.

The plunging value of the Turkish lira has spurred a surge in Bitcoin adoption, offering a haven from government interference and inflationary forces.

Turkey’s Competition Board on Monday said it has fined billionaire Elon Musk over the Twitter takeover last year. The Turkish Competition Board claims the Twitter takeover happened without the board’s permission. The competition board demands Musk to pay 0.1% of Twitter’s gross income that the company made from Turkey in 2022.

The crypto community donated over $4.5 million in seven days to help Turkey with disaster relief.

Several crypto companies including Binance, Tether, Bitfinex, OKX, and Kucoin pledged over $9 million in aid for the earthquake victims in Turkey and Syria.

Several cryptocurrency companies—including Binance, Tether, Bitfinex, OKX, and Kucoin—have pledged over $9 million in donations to aid the victims of the massive earthquakes that hit Turkey and Syria early Monday morning.

Local and foreign crypto exchanges have pledged aid to Turkey after two powerful earthquakes and multiple aftershocks claimed thousands of lives on Monday.

FTX seeks to remove FTX Turkey and SNG Investments from the ongoing bankruptcy case in the United States.

A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole. (Bitcoin.com)

The Central Bank of the Republic of Turkey (CBRT) has completed the first trial of its central bank digital currency (CBDC), the Digital Turkish Lira, and has signaled plans to continue testing throughout 2023. According to a statement released by the CBRT on Dec. 29, the central bank authority said it successfully executed its “first payment transactions” using the digital Lira. (Cointelegraph)