AK Party Group Deputy Chairman, Mustafa Elitaş discussed adopting Shiba Inu.
Shiba Inu trading volumes against the Turkish Lira surpass Bitcoin.
Shiba Inu (SHIB) may be adopted by Turkey, which is good news for the cryptocurrency. AK Party Group Deputy Chairman, Mustafa Elitaş discussed the possibility of adopting SHIB with Shiba Inu Türkiye, one of the SHIB army members in Turkey.
Mustafa Elitaş was informed on how Shiba Inu is structured and its benefits. The news was reported by Shytoshi Kusama, one of the SHIB developers.
If we compare SHIB/TRY to BTC/TRY, Bitcoin trading volumes in the past 24 hours are currently 125,621,784.68 Turkish Liras according to Binance.
Shiba Inu High Demand
The demand for Shiba Inu in Turkey surpasses Bitcoin, demonstrating the cryptocurrency's popularity in the country. It is one of the reasons Turkish officials are interested in adopting Shiba.
The other reason is the devaluation of the Turkish Lira in the Foreign Exchange (Forex) market. USD/TRY posted significant gains in the market following the replacement of Naci Ağbal with Şahap Kavcıoğlu.
source: USDTRY, tradingview
The central bank then slashed its rates from 19% to 14%. Despite other efforts to limit the depreciation of the local currency USD/TRY is maintaining its uptrend.
The high interest in Shiba makes it a worthy candidate to be adopted by Turkey. If Turkey takes the step forward to adopt Shiba it will be attractive to monitor the latest developments around the token.
However, will it be sufficient to drive the price higher, possibly to $1?
Will Shiba Inu Reach $1?
The biggest question Shiba Inu investors are asking is is whether it is capable of reaching one dollar. The first milestone is to be officially recognized in Turkey. For the time being, these are merely in discussion.
Under this assumption, Turkey will officially begin using SHIB, so there must be some form of a continuation. Meaning, Turkey may be insufficient to trigger such a significant rally.
If more companies will add Shiba Inu as a payment gateway perhaps then we may see a rally in the cryptocurrency. The 'Shibarium' layer 2 development and metaverse may pick up pace in such a scenario, which may interest investors.
source: SHIB/USD weekly chart, trading view
From a technical angle, there may be some indications for corrective gains based on the next monthly close. If SHIB/USD is able to post a monthly close above 0.00002000, it may create some room for a bullish trend reversal.
If the interest in Shiba Inu is rekindled with mass buying of the cryptocurrency, 0.00006000 may be the technical target. Reaching $1 over the next 10 years cannot be ruled out as it depends on many factors.
From a technical angle, the objective of the reversal (should it begin) may be around 0.00006000.
Shiba Inu (SHIB) may be adopted by Turkey, which is good news for the cryptocurrency. AK Party Group Deputy Chairman, Mustafa Elitaş discussed the possibility of adopting SHIB with Shiba Inu Türkiye, one of the SHIB army members in Turkey.
Mustafa Elitaş was informed on how Shiba Inu is structured and its benefits. The news was reported by Shytoshi Kusama, one of the SHIB developers.
If we compare SHIB/TRY to BTC/TRY, Bitcoin trading volumes in the past 24 hours are currently 125,621,784.68 Turkish Liras according to Binance.
Shiba Inu High Demand
The demand for Shiba Inu in Turkey surpasses Bitcoin, demonstrating the cryptocurrency's popularity in the country. It is one of the reasons Turkish officials are interested in adopting Shiba.
The other reason is the devaluation of the Turkish Lira in the Foreign Exchange (Forex) market. USD/TRY posted significant gains in the market following the replacement of Naci Ağbal with Şahap Kavcıoğlu.
source: USDTRY, tradingview
The central bank then slashed its rates from 19% to 14%. Despite other efforts to limit the depreciation of the local currency USD/TRY is maintaining its uptrend.
The high interest in Shiba makes it a worthy candidate to be adopted by Turkey. If Turkey takes the step forward to adopt Shiba it will be attractive to monitor the latest developments around the token.
However, will it be sufficient to drive the price higher, possibly to $1?
Will Shiba Inu Reach $1?
The biggest question Shiba Inu investors are asking is is whether it is capable of reaching one dollar. The first milestone is to be officially recognized in Turkey. For the time being, these are merely in discussion.
Under this assumption, Turkey will officially begin using SHIB, so there must be some form of a continuation. Meaning, Turkey may be insufficient to trigger such a significant rally.
If more companies will add Shiba Inu as a payment gateway perhaps then we may see a rally in the cryptocurrency. The 'Shibarium' layer 2 development and metaverse may pick up pace in such a scenario, which may interest investors.
source: SHIB/USD weekly chart, trading view
From a technical angle, there may be some indications for corrective gains based on the next monthly close. If SHIB/USD is able to post a monthly close above 0.00002000, it may create some room for a bullish trend reversal.
If the interest in Shiba Inu is rekindled with mass buying of the cryptocurrency, 0.00006000 may be the technical target. Reaching $1 over the next 10 years cannot be ruled out as it depends on many factors.
From a technical angle, the objective of the reversal (should it begin) may be around 0.00006000.
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This session gathers practitioners from across the bullion ecosystem to unpack what the rally means on the ground in APAC.
Attendees will walk away with:
Insight into the physical market dynamics driving retail demand across Southeast Asia, from central bank buying to store-of-value purchases
Understanding of Singapore's distinct role as APAC's bullion gateway, and competition near and far
Perspective on operational challenges unique to APAC: kilogram pricing, local delivery, and bridging CFD and physical bullion infrastructure
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This session gathers practitioners from across the bullion ecosystem to unpack what the rally means on the ground in APAC.
Attendees will walk away with:
Insight into the physical market dynamics driving retail demand across Southeast Asia, from central bank buying to store-of-value purchases
Understanding of Singapore's distinct role as APAC's bullion gateway, and competition near and far
Perspective on operational challenges unique to APAC: kilogram pricing, local delivery, and bridging CFD and physical bullion infrastructure
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This session gathers practitioners from across the bullion ecosystem to unpack what the rally means on the ground in APAC.
Attendees will walk away with:
Insight into the physical market dynamics driving retail demand across Southeast Asia, from central bank buying to store-of-value purchases
Understanding of Singapore's distinct role as APAC's bullion gateway, and competition near and far
Perspective on operational challenges unique to APAC: kilogram pricing, local delivery, and bridging CFD and physical bullion infrastructure
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Attendees will walk away with:
A clear view of setup requirements in both markets: entity structures, timelines, and what first-time operators tend to get wrong
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Perspective on adjacent Southeast Asian markets worth monitoring for the next regional move
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This session gathers practitioners with on-the-ground experience in both markets to examine what it takes to build and run operations in Thailand and Vietnam.
Attendees will walk away with:
A clear view of setup requirements in both markets: entity structures, timelines, and what first-time operators tend to get wrong
Understanding of the offshore broker model and how compliant operators work within domestic restrictions in each jurisdiction
Insight into talent acquisition, client onboarding, and distribution in markets where language, culture, and acquisition channels don't follow standard APAC assumptions
Perspective on adjacent Southeast Asian markets worth monitoring for the next regional move
Bangkok is consolidating as Southeast Asia's broker hub for CLMV access, while Vietnam's trading volumes have made it harder to ignore from any regional headquarters. Most brokers know both exist. Fewer have tested what operating there actually requires.
This session gathers practitioners with on-the-ground experience in both markets to examine what it takes to build and run operations in Thailand and Vietnam.
Attendees will walk away with:
A clear view of setup requirements in both markets: entity structures, timelines, and what first-time operators tend to get wrong
Understanding of the offshore broker model and how compliant operators work within domestic restrictions in each jurisdiction
Insight into talent acquisition, client onboarding, and distribution in markets where language, culture, and acquisition channels don't follow standard APAC assumptions
Perspective on adjacent Southeast Asian markets worth monitoring for the next regional move
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This session gathers practitioners with on-the-ground experience in both markets to examine what it takes to build and run operations in Thailand and Vietnam.
Attendees will walk away with:
A clear view of setup requirements in both markets: entity structures, timelines, and what first-time operators tend to get wrong
Understanding of the offshore broker model and how compliant operators work within domestic restrictions in each jurisdiction
Insight into talent acquisition, client onboarding, and distribution in markets where language, culture, and acquisition channels don't follow standard APAC assumptions
Perspective on adjacent Southeast Asian markets worth monitoring for the next regional move
Bangkok is consolidating as Southeast Asia's broker hub for CLMV access, while Vietnam's trading volumes have made it harder to ignore from any regional headquarters. Most brokers know both exist. Fewer have tested what operating there actually requires.
This session gathers practitioners with on-the-ground experience in both markets to examine what it takes to build and run operations in Thailand and Vietnam.
Attendees will walk away with:
A clear view of setup requirements in both markets: entity structures, timelines, and what first-time operators tend to get wrong
Understanding of the offshore broker model and how compliant operators work within domestic restrictions in each jurisdiction
Insight into talent acquisition, client onboarding, and distribution in markets where language, culture, and acquisition channels don't follow standard APAC assumptions
Perspective on adjacent Southeast Asian markets worth monitoring for the next regional move
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This session gathers practitioners with on-the-ground experience in both markets to examine what it takes to build and run operations in Thailand and Vietnam.
Attendees will walk away with:
A clear view of setup requirements in both markets: entity structures, timelines, and what first-time operators tend to get wrong
Understanding of the offshore broker model and how compliant operators work within domestic restrictions in each jurisdiction
Insight into talent acquisition, client onboarding, and distribution in markets where language, culture, and acquisition channels don't follow standard APAC assumptions
Perspective on adjacent Southeast Asian markets worth monitoring for the next regional move
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Examples of offerings that scale without inflating cost or operational burden.
Lessons from leading brokers on growing premium segments and what’s next.
High-net-worth traders account for an outsized portion of revenues for various retail brokers.
This session will gather heads of premium, acquisition, and product experts to reveal how they build their client base in Asia.
Attendees will walk away with:
Understanding of how brokers view premium clients (beyond deposit size).
Insight into which services, products, and benefits increase trust and LTV.
Examples of offerings that scale without inflating cost or operational burden.
Lessons from leading brokers on growing premium segments and what’s next.
High-net-worth traders account for an outsized portion of revenues for various retail brokers.
This session will gather heads of premium, acquisition, and product experts to reveal how they build their client base in Asia.
Attendees will walk away with:
Understanding of how brokers view premium clients (beyond deposit size).
Insight into which services, products, and benefits increase trust and LTV.
Examples of offerings that scale without inflating cost or operational burden.
Lessons from leading brokers on growing premium segments and what’s next.
High-net-worth traders account for an outsized portion of revenues for various retail brokers.
This session will gather heads of premium, acquisition, and product experts to reveal how they build their client base in Asia.
Attendees will walk away with:
Understanding of how brokers view premium clients (beyond deposit size).
Insight into which services, products, and benefits increase trust and LTV.
Examples of offerings that scale without inflating cost or operational burden.
Lessons from leading brokers on growing premium segments and what’s next.
High-net-worth traders account for an outsized portion of revenues for various retail brokers.
This session will gather heads of premium, acquisition, and product experts to reveal how they build their client base in Asia.
Attendees will walk away with:
Understanding of how brokers view premium clients (beyond deposit size).
Insight into which services, products, and benefits increase trust and LTV.
Examples of offerings that scale without inflating cost or operational burden.
Lessons from leading brokers on growing premium segments and what’s next.
High-net-worth traders account for an outsized portion of revenues for various retail brokers.
This session will gather heads of premium, acquisition, and product experts to reveal how they build their client base in Asia.
Attendees will walk away with:
Understanding of how brokers view premium clients (beyond deposit size).
Insight into which services, products, and benefits increase trust and LTV.
Examples of offerings that scale without inflating cost or operational burden.
Lessons from leading brokers on growing premium segments and what’s next.
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The persisting price drops test the industry's commitment to crypto adoption. While on-chain innovation is making headway across market mechanics, from stablecoins to tokenization, investors remains cautious.
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First-hand account of the bear market's impact on various industry players
Understanding of what custody, connectivity, and settlement gaps still hamper growth in APAC
Insight into how client mandates and operational readiness are shaping who moves and who waits
Perspective on what institutional investors need to move toward actual digital asset capital deployment
The persisting price drops test the industry's commitment to crypto adoption. While on-chain innovation is making headway across market mechanics, from stablecoins to tokenization, investors remains cautious.
This session brings together market structure experts and institutional investors to explore how a prolonged bear market affects their long-term strategy, and where the opportunities lie ahead of the next cycle.
Attendees will walk away with:
First-hand account of the bear market's impact on various industry players
Understanding of what custody, connectivity, and settlement gaps still hamper growth in APAC
Insight into how client mandates and operational readiness are shaping who moves and who waits
Perspective on what institutional investors need to move toward actual digital asset capital deployment
The persisting price drops test the industry's commitment to crypto adoption. While on-chain innovation is making headway across market mechanics, from stablecoins to tokenization, investors remains cautious.
This session brings together market structure experts and institutional investors to explore how a prolonged bear market affects their long-term strategy, and where the opportunities lie ahead of the next cycle.
Attendees will walk away with:
First-hand account of the bear market's impact on various industry players
Understanding of what custody, connectivity, and settlement gaps still hamper growth in APAC
Insight into how client mandates and operational readiness are shaping who moves and who waits
Perspective on what institutional investors need to move toward actual digital asset capital deployment
The persisting price drops test the industry's commitment to crypto adoption. While on-chain innovation is making headway across market mechanics, from stablecoins to tokenization, investors remains cautious.
This session brings together market structure experts and institutional investors to explore how a prolonged bear market affects their long-term strategy, and where the opportunities lie ahead of the next cycle.
Attendees will walk away with:
First-hand account of the bear market's impact on various industry players
Understanding of what custody, connectivity, and settlement gaps still hamper growth in APAC
Insight into how client mandates and operational readiness are shaping who moves and who waits
Perspective on what institutional investors need to move toward actual digital asset capital deployment
The persisting price drops test the industry's commitment to crypto adoption. While on-chain innovation is making headway across market mechanics, from stablecoins to tokenization, investors remains cautious.
This session brings together market structure experts and institutional investors to explore how a prolonged bear market affects their long-term strategy, and where the opportunities lie ahead of the next cycle.
Attendees will walk away with:
First-hand account of the bear market's impact on various industry players
Understanding of what custody, connectivity, and settlement gaps still hamper growth in APAC
Insight into how client mandates and operational readiness are shaping who moves and who waits
Perspective on what institutional investors need to move toward actual digital asset capital deployment
The persisting price drops test the industry's commitment to crypto adoption. While on-chain innovation is making headway across market mechanics, from stablecoins to tokenization, investors remains cautious.
This session brings together market structure experts and institutional investors to explore how a prolonged bear market affects their long-term strategy, and where the opportunities lie ahead of the next cycle.
Attendees will walk away with:
First-hand account of the bear market's impact on various industry players
Understanding of what custody, connectivity, and settlement gaps still hamper growth in APAC
Insight into how client mandates and operational readiness are shaping who moves and who waits
Perspective on what institutional investors need to move toward actual digital asset capital deployment
