Turkey - AL-MONITOR: The Middle Eastʼs leading independent news source since 2012

Turkey

Turkey

November 11, 2026

Ankara 11:29 pm

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People walk past a Bitcoin sign at the entrance of a cryptocurrency exchange office on Nov. 8, 2024, in Istanbul, Turkey.

Watchdog urges Turkey to tighten digital asset rules for $144B crypto economy

A review of Turkey’s crypto-asset regulations by the Financial Stability Board acknowledged significant progress made by local authorities but called for further measures to address potential risks.

Turkish President Recep Tayyip Erdogan (L) and Central Bank Governor Sahap Kavcioglu attend a signing ceremony with Abu Dhabi’s crown prince, Sheikh Mohammed bin Zayed Al Nahyan at the Presidential Complex in Ankara on Nov. 24, 2021. ADEM ALTAN/AFP via Getty Images

Turkey’s banking watchdog chief submits resignation amid fund scandal

Turkey’s government is facing growing criticism over regulators’ failure to prevent a fund scandal involving more than $20 billion.

Chris McGrath/Getty Images

Explainer

Iran war pushes up coal use, complicating Turkey’s COP31 pledge

Turkey is asking world leaders at COP31 to back a global push to use more electricity, even as the Iran war has driven up natural gas prices and pushed some power producers back to coal.

Latest News

Turkey bars MP’s wife from travel after his fund scandal criticism: What to know

OZAN KOSE/AFP via Getty Images

Steel factory explosion in western Turkey kills at least 16

A steel worker works in front of giant iron melting pot in Kardemir Iron and Steel Factory in Karabuk, northwestern Turkey, Aug. 26 2005. (TARIK TINAZAY/AFP via Getty Images)

Analysis

Will Democrats block Trump’s push to deliver Turkey F-35s, lift sanctions?

MEHMET ESER/Middle East Images/AFP via Getty Images

Barin Kayaoglu

By Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

Samuel Wendel

Senior Analyst, Middle East Business & Tech

In Washington, DC, reporting on regional business and tech

Amberin Zaman

Chief Correspondent

Reporting on geopolitics, minorities, human rights, culture

Jack Dutton

Chief Business Correspondent

In Bristol, reporting on regional business, climate change, AI, tech

Ezgi Akin

Associate Editor (Turkey)

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Barin Kayaoglu

In Ankara, reporting on geopolitics and national security

A protester supporting ousted Egyptian President Mohamed Mursi carries an injured demonstrator (R) during clashes outside Azbkya police station at Ramses Square in Cairo, August 16, 2013. About 50 people were killed in protests in Cairo on Friday, security officials said. Thousands of supporters of deposed President Mohamed Mursi have been staging nationwide protests against a security crackdown on Islamists. REUTERS/Amr Abdallah Dalsh (EGYPT - Tags: POLITICS CIVIL UNREST TPX IMAGES OF THE DAY) - RTX12NQA

The Muslim Brotherhood’s Final Card?

Al-Monitor’s coverage of the bloodshed in Egypt.

Soldiers stand guard on an armoured personnel carrier positioned outside Ramses Square, near al-Fath mosque in Cairo August 17, 2013. Egyptian authorities rounded up more than 1,000 Islamists as the Muslim Brotherhood leadership defiantly called a week of nationwide protests starting on Saturday after a day of carnage. After Friday's bloodshed in which more than 100 people died in clashes that pushed Egypt ever closer to anarchy, tensions were high with supporters of ousted Islamist President Mohamed Mursi

The Aftermath of 72 Tumultuous Hours in Cairo

Egypt’s January 2011 revolution is beyond restoration.

Islamic preacher Fethullah Gulen is pictured at his residence in Saylorsburg, Pennsylvania in this December 28, 2004 file photo. A rare defence from a secretive Islamic movement of its role in Turkish political life has exposed a rift with Prime Minister Tayyip Erdogan that could weaken one of modern Turkey's most powerful leaders. The spell of Gulen, a 72-year-old U.S.-based Islamic preacher with a global network of schools, whose supporters say they number in the millions, has long loomed large over Turke

Gulenist-AKP Clash Is Now in the Open

A statement by the Journalists and Writers Foundation of the Gulen movement exposes the clash with the ruling Justice and Development Party.

Turkey's Prime Minister Tayyip Erdogan gestures as he addresses the media before leaving for Turkmenistan at Esenboga Airport in Ankara August 15, 2013. Erdogan called on Thursday for the U.N. Security Council to convene quickly and act after what he described as a massacre in Egypt, during a news conference in Ankara. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTX12M4D

Rumors of Erdogan’s Health Problems Ring False

Despite mounting speculations about his health, Turkish Prime Minister Recep Tayyip Erdogan looks pretty healthy for a man who has been alleged with having colon cancer.

Iraqi Foreign Minister Hoshyar Zebari speaks at the Diplomatic and Political Joint Coordinating Committee meeting hosted by U.S. Secretary of State John Kerry at the State Department in Washington August 15, 2013. REUTERS/Kevin Lamarque (UNITED STATES - Tags: POLITICS) - RTX12MHG

Iraqi Official: Rouhani 'Means Serious Business' With US

Iraqi Foreign Minister Hoshyar Zebari says the Iranian leadership could have prevented Hassan Rouhani from becoming president if it wanted to continue hard-line policies toward the United States.

Turkey's Prime Minister Tayyip Erdogan gestures as he addresses the media before leaving for Turkmenistan at Esenboga Airport in Ankara August 15, 2013. Erdogan called on Thursday for the U.N. Security Council to convene quickly and act after what he described as a massacre in Egypt, during a news conference in Ankara. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTX12M4D

Erdogan’s Self-Righteous Blast on Egypt

The Turkish prime minister’s remarks on Egypt are geared toward Turkish domestic politics.

Selahattin Demirtas, co-chairman of the pro-Kurdish Peace and Democracy Party (BDP) answers a question during a Reuters interview in Berlin April 15, 2013. A top Kurdish politician said on Monday it would be difficult for Kurdish fighters to disarm before leaving Turkey under a peace process, stressing that the key issue was that they depart peacefully without contact with the Turkish military. Prime Minister Tayyip Erdogan's government is seeking a weapons-free pullout by militants of the Kurdistan Workers

Turkish-PKK Peace Process Faces Deadlines

Turkish Prime Minister Erdogan’s peace process with the Kurdistan Workers Party (PKK) is complicated by his domestic political agenda.

Kurdish Peshmerga troops are deployed on the outskirts of Kirkuk, some 250km (155 miles) north of Baghdad, November 24, 2012. Iraq's Kurdish region has sent reinforcements to a disputed area where its troops are involved in a standoff with the Iraqi army, a senior Kurdish military official said, despite calls on both sides for dialogue to calm the situation. Picture taken November 24, 2012. REUTERS/Azad Lashkari (IRAQ - Tags: CONFLICT POLITICS MILITARY) - RTR3AUX2

Iraqi Kurdish Forces Help Defend Baghdad

The increase of terrorist bombings in Baghdad has been a catalyst for more consultation between Iraqi federal and Iraqi Kurdish peshmerga forces.

An alleged Palestinian collaborator with Israel covers his face as he poses for the camera inside a Hamas-run prison in Gaza City April 23, 2013. The Islamist Hamas government, which is pledged to Israel's destruction by force of arms, is lauding a recent campaign to root out informants in its midst, which it hopes will deprive Israel of a subtle but effective tool. Picture taken April 23, 2013. To match Feature PALESTINIANS-HAMAS/SPIES REUTERS/Suhaib Salem (GAZA - Tags: POLITICS TPX IMAGES OF THE DAY) -

Families of Palestinian Spies for Israel Face Stigma in Gaza

Families of Palestinians who have been caught spying for Israel suffer discrimination and isolation in their communities.

A supporter of deposed Egyptian President Mohamed Mursi holds up his photo while standing at the top of lamp posts during a march to show solidarity with his supporters in Egypt, in Sanaa August 15, 2013. The poster reads "We are all with legitimacy". REUTERS/Mohamed al-Sayaghi (YEMEN - Tags: TPX IMAGES OF THE DAY CIVIL UNREST POLITICS) - RTX12MHB

Turkish Lessons for Egypt’s Muslim Brotherhood

Whatever its current mistakes, the success of the AKP — arguably the superstar of global Islamism — lies in the fact that it is less ideological and more pragmatic than its forerunners.

Supporters of Turkey's Prime Minister Tayyip Erdogan (not pictured) cheer as he addresses the members of parliament from his ruling AK Party (AKP) during a meeting at Turkish parliament in Ankara June 25, 2013. Turkish anti-terrorism police detained 20 people in raids in the capital Ankara on Tuesday in connection with weeks of anti-government protests across the country, media reports said. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTX11029

Erdogan’s Biggest Fear: The 'Concerned' Islamists

Turkish Prime Minister Recep Tayyip Erdogan is still resentful of Gezi protests because he fears losing the support of "concerned" Islamists.

Turkey's Prime Minister Tayyip Erdogan walks to his plane as he leaves for Turkmenistan, at Esenboga Airport in Ankara August 15, 2013. Erdogan called on Thursday for the U.N. Security Council to convene quickly and act after what he described as a massacre in Egypt, during a news conference in Ankara. REUTERS/Umit Bektas (TURKEY - Tags: POLITICS) - RTX12M4A

Erdogan Weighs In on Egypt

Turkish Prime Minister Recep Tayyip Erdogan condemned the loss of life in Egypt, but his words carry less and less weight both domestically and internationally.