Global Debt Hits a Record High: Reached 318 Trillion Dollars by 2024

Global debt soared by around 7 trillion dollars last year, climbing to 318 trillion dollars and hitting a new record. When considering the ratios of debt to GDP in Turkey, household debt fell to 10%, non-financial corporate debt to 39.7%, public debt to 26.6%, and debt of financial entities like banks to 16.3% in the […]

Technology Accelerates Tax Season, But Audit Period Stays Same

When taxpayers file their tax returns this year, they will hope that they have fulfilled their civic duties and can relax for a while — until the next spring. However, for many taxpayers, there is no immediate relief. In accordance with current regulations, the IRS typically has three years to audit their tax returns. This […]

Minister Uraloğlu: The tender process has been initiated for 5G

Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced that the tender process for 5G has started, with the first signal expected in 2026. Uraloğlu also mentioned that the social media regulation for under-16s will be implemented this year. During the Turkey Century Summit on Transportation and Infrastructure, Minister Uraloğlu spoke about recent efforts and upcoming […]

German bank’s crypto move for institutional investors

German bank DekaBank has announced the launch of crypto buying, selling, storage, and management services for institutional investors. According to Bloomberg, these crypto services are exclusively available to institutional investors, excluding individual investors. The Sparkassen group, of which DekaBank is also a member, is still evaluating its approach to crypto trading for private clients. With […]

Can Working Hours Increase by Collective Agreement, Which Employers are Required to Hire Occupational Safety Specialists?

Is it possible to increase working hours by collective agreement, which employers are required to hire occupational safety specialists, and can one retire with 3600 days of contributions? Professor Cem Kılıç answered these questions for ntv.com.tr. Can Working Hours Increase by Collective Agreement? – Working hours can only be reduced, not increased. – The legal […]

New Era in Cryptocurrencies: Implementation of 15,000 Lira Limit, Unverified Accounts will be Frozen

A new era in cryptocurrencies begins today. Henceforth, transactions exceeding 15,000 lira will require mandatory identity information. In cases where sufficient information cannot be acquired, the transactions will not be processed. Additionally, unverified accounts will be frozen as of April. The applications regulating cryptocurrency transfers officially became active today. The regulation on measures against the […]

Ethena Raises $100 Million Fund to Support USDe Stablecoin Development

Ethena, the developer of the USDe stablecoin, has secured a $100 million fund for a new token targeting mainstream financial institutions. Investors including Franklin Templeton and Fidelity Investments’ F-Prime Capital participated in the funding round. According to Bloomberg, the round was completed in December, with Franklin Templeton and Fidelity Investments’ F-Prime Capital among the investors. […]

XRP Price Forms Risky Pattern: Is a Major Collapse Coming?

XRP entered a bear market by falling to critical support levels with a pullback starting on Monday, indicating according to analysts that technical indicators suggest further price drops may be ahead. With this drop, along with Bitcoin remaining below $100,000 signaling broader weakness in the cryptocurrency market. The crypto fear and greed index also fell […]

Reasons to Avoid Establishing a Sovereign Wealth Fund in the US

President Trump recently signed an executive order directing certain agency heads to craft a plan for establishing a sovereign wealth fund in the United States. Despite the existence of such funds in various countries across the globe, including some U.S. states, there are significant reasons why setting up a U.S. sovereign wealth fund is not […]

MicroStrategy’s Bitcoin investment approaches 500 thousand tokens

By utilizing a $2 billion bond income, MicroStrategy has purchased an additional 20,356 Bitcoins. The company’s total BTC assets have reached 499,096 tokens, with the portfolio’s value hitting $47.7 billion. MicroStrategy, renowned for its significant investments in Bitcoin (MSTR), has brought its BTC holdings close to half a million with the latest purchase. Under the […]