It's more good news for Turkey and crypto today following the exciting announcement by the mayor of Turkish city Konya, Uğur İbrahim Altay, that the city is planning to launch its own cryptocurrency.  

Turkey has seen a huge boom in the use of cryptocurrencies, with Turkish people using crypto more than any other country in Europe.   Erhan Korhaliller, the founder of Istanbul Blockchain Week, and founder of EAK Digital blockchain public relations firm said:  

"The announcement of Konya's 'City Coin' demonstrates the willingness to innovate financial technology within Turkey. Should the project gain the seal of approval from the government, Turkey has a unique opportunity to lead on a global scale."  

A recent survey by ING found that Turks were playing a huge role in driving the adoption of cryptocurrencies, and its underlying blockchain technology. A second survey showed 20 percent of the population used or owned cryptocurrency.