LBP is a good business but is it a good investment?
LBP is essentially a pink sheet market. When taking into account transaction costs, gas fees, and opportunity costs, it may already be a negative EV game.

LBP is essentially a pink sheet market. When taking into account transaction costs, gas fees, and opportunity costs, it may already be a negative EV game.
OKX launches OKX TR in Turkey, facilitating TRY trading pairs. Partnering with local banks, offering 24/7 support, and advanced virtual asset functionalities.
Binance introduces new altcoin pairs, including Turkish Lira, and launches Trading Bots services, alongside a fee waiver promotion.
Thodex, once among Turkey's prominent cryptocurrency exchanges, abruptly ceased operations in April 2021, leaving over 400,000 users in the dark regarding their deposits, which totalled around $2 billion in various cryptocurrencies.
The EU is pitching the region as open to crypto companies; the U.S. is sending the opposite message with its crackdown.
FTX wants the Delaware bankruptcy court to expel its Turkish units from the bankruptcy case, arguing that U.S. court orders “do not have legal or practical effect” in Turkey.
The monetary authority said it will conduct further trials in the first quarter.
A lot of builders have come up in the crypto space since its inception.
USD/TRY regains upside momentum, after posting the first daily loss in seven, as it picks up bids to 18.20 heading into Thursday’s European session. I
Deputy Governor for Financial Stability at the Bank of England Jon Cunliffe addressed the “Crypto Winter”, financial risk in the ...