Tag: Turkey

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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Turkey provides XBRL-driven data analytics In 2020, the highly innovative Central Securities Depository of Turkey (Merkezi Kayıt Kuruluşu, MKK) launched a new value-added data service – the Data Analysis Platform, or…
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28 April 2022 0

Australian ID verification startup OCR Labs raises $15M Series A to expand into UK/Turkey/Europe

With the gig economy came the need for ID verification, thus startups like OnFido (raised $188.8 million) appeared, alongside several others. But this sector is by no means ‘done’ yet. Now, OCR Labs, which emerged from Australia, has announced a €12.5M / $15 million Series A funding round led by Turkish investors Oyak Group, to…
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15 June 2021 0

Bitcoin caught in the crossfire as Turkish opposition leader voices support

Shortly after a Friday morning “diktat” from Turkey’s freshly-appointed central bank governor that effectively banned any and all use of cryptocurrency in the country, Bitcoin (BTC) now appears caught in a partisan dustup as a Turkish opposition party leader has voiced support for the digital currency.  As reported by Cointelegraph, Turkey’s central bank announced on…
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16 April 2021 0

Turkey to ban cryptocurrency payments

A new ban in Turkey will prohibit crypto holders from using their digital assets for payments, in addition to preventing payment providers from adding funds to their digital wallets at crypto exchanges. According to a Friday announcement by the Central Bank of the Republic of Turkey, the ban will come into effect on April 30,…
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16 April 2021 0