More than half of Turkey has turned to crypto amid rapid currency devaluation – KuCoin report

More than half of Turkey’s adult population has turned to cryptocurrencies in a bid to protect their wealth and savings from rapid inflation and currency devaluation, according to KuCoin’s latest report on crypto users in the country. The survey was conducted in May 2023 and found that 52% of Turkish adults aged 18 to 60...

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