Turkey works hard to make İstanbul home to global blockchain hype

by Repost Admin October 10, 2022, 9:45 am 1.8k Views

The Turkish crypto and blockchain ecosystem is working hard to build during the bear market, according to local experts.

The people of the Turkish crypto ecosystem are very eager to apply the age-old words of wisdom, “The bear market is an opportunity to build,” to make İstanbul -the business hub of Turkey- home to the global hype surrounding Ethereum.

Turkey is one of the most active countries in crypto and blockchain, and its interest extends beyond market movements. Along with a considerable base of crypto investors, the local community consists of university clubs, Web3 startups, blockchain developers and academics. The country has hosted significant events like ETHIstanbul, Blockchain Economy Istanbul and Istanbul Blockchain Week and aims to achieve more.

The high inflation rate is a key driver behind Turkey’s growing interest in crypto assets, accordi