“We’ve recently reported the rise of bitcoin in Iran, Afghanistan and Israel, but now another country has jumped on the digital currency bandwagon – Turkey. BTCTurk launched earlier this month, becoming the first company to enable the exchange of Turkish lira for bitcoin and vice versa. Emre Kenci, CTO of BTCTurk, said he and his colleagues started to develop the company in January 2013 having watched interest in bitcoin increase across the globe.  Kenci said there are currently no laws in Turkey that specifically regulate bitcoin, but BTCTurk operates to the same know-your-customer and anti-money-laundering policies that are compulsory for banks in the country.”

http://www.coindesk.com/btcturk-becomes-the-first-turkish-lira-to-bitcoin-exchange/

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