Financial technology

The Turkish central bank (also known as CBRT or TCMB) has issued "Regulation on the Disuse of Crypto Assets in Payments." It was published Friday in the official newspaper of the Turkish government.

The central bank also announced Friday that "studies on the regulation regarding the disuse of crypto assets in payments have been completed."

The Turkish Central Bank will ban the use of crypto assets in payments as they entail significant risks for the parties to the transactions.

Across the world, digital payment methods are becoming increasingly widespread. Where once cash was king, consumers are now turning to methods that offer greater flexibility. They no longer want to have pockets full of change or make frequent trips to their nearest ATM; rather, they like to know they have constant access to their money at the click of a button.

Largest US crypto exchange Coinbase gets SEC approval to list on Nasdaq. Coinbase has been valued privately at around $68billion

When amateur investors start trading with cryptocurrencies and making profits turns into a business, tax standards come into effect in this area as well.

Status of Cryptocurrencies in Slovenia

Ljubljana – Lab4Pay, a Slovenian fintech startup, has launched a point-of-sale (POS) terminal that vendors can use for traditional payment methods as well as digital payments such as cryptocurrency.

A tribunal in Iasi in northeastern Romania has ordered the pre-trial detention of 30 days for a man arrested last Thursday for allegedly stealing half a million euros in crypto from a leading cryptocurrency operator, sources from the organised crime prosecution office told BIRN.

The data covered the period of the first half of January

The Prosecutor's Office and the Interior Ministry are continuing the investigation into the large theft of electricity in the Sofia village of Herakovo. Days ago, the CEZ power distribution company disclosed an illegal facility where dozens of computers were used to extract cryptocurrency and the power supply was stolen.

If you're not familiar with Bitcoin (btc) and other cryptocurrencies or familiar with Bulgaria, you may be surprised that cybercurrency mining is popular in the country. Cryptocurrencies are a form of virtual of currency which operate on a system of trust and decentralization, using an underlying technology called blockchain.

Cybercurrency and the Bulgarian authorities