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Founder and former CEO of Thodex is finally brought to Turkey after two years since the exchange halted operations. The saga of the Turkish cryptocurrency exchange Thodex continues, with the founder being finally brought back home in two years after the platform halted trading. Faruk Fatih Ozer, founder and former CEO of Thodex, has been extradited from Albania to Turkey, Cointelegraph Turkey reported. Facing charges of fraud and money laundering, the local police immediately detained the 27-year-old upon his arrival at Istanbul Airport on April 20, the Turkish state-run news agency Anadolu Agency reported. According to the report, the plane carrying Ozer took off from the Albanian capital Tirana in the morning and landed at Istanbul Airport on Thursday. The Istanbul Airport Police Department took custody of Ozer on arrival. The detained founder is expected to undergo health check-ups and then will be taken to the Istanbul Police Department. Related: Individual behind $3.4B Silk Road...

Shortly after the Turkish central bank completed the first CBDC tests, Türkiye announced a blockchain-based digital identity application. Türkiye, formerly known as Turkey, plans to use blockchain technology for online public services logins. e-Devlet, Türkiye’s digital Government portal used to access a wide range of public services , will use a blockchain-based digital identity to verify Turkish citizens during login. Fuat Oktay, vice president of the Republic of Türkiye, announced during the Digital Türkiye 2023 event that citizens will be able to use blockchain-based digital identity to access e-wallet application, Cointelegraph Turkey reported. Oktay called the blockchain-based application a revolution for e-government efforts, adding that online services will be more secure and accessible with blockchain. Users will be able to keep their digital information on their mobile phones. “With the login system that will work within the scope of the e-wallet application, our ci...