Turkish president meets Salvadoran president during economic crisis

Turkish President Recep Tayyip Erdogan on Thursday met with the leaders of El Salvador, the first country to declare bitcoin as fiat. . At a press conference following a presidential palace meeting in Ankara, the two presidents praised each other for their leadership, but did not mention cryptocurrencies. His meeting with Bukele came when Erdogan said he would introduce new rules to control assets. Although Turkey banned cryptocurrency as a payment method last year. As noted earlier, Turks have flocked to cryptocurrencies to offset inflation and the decline in the value of the lira.