capital controls News

Bitcoin is gaining massive popularity in Turkey, amid the continuous decline of the Turkish lira. According to a tweet on September 8, 2019, bitcoin is as popular as forex in the country. Forex Shortage Pushing Turkish Citizens to Bitcoin Didi…

The People’s Bank of China (PBOC), announced its plans, viewed as a disguised form of capital controls, regarding the restriction of foreign currency acquisition within the country. The decision comes shortly before the Chinese new year on January 28, a…