18 Crypto Items in the Covenant! – Cryptokoin.com

Turkey began to enter the election atmosphere. Nation Alliance announced the ‘Common Policies Memorandum of Understanding’ at a press conference today. When we examined the memorandum of understanding, we saw that the crypto money world was not forgotten. The text includes 18 items that include cryptocurrencies, Blockchain and digital assets.

Crypto was also included in the Nation Alliance’s Memorandum of Understanding

cryptocoin.com As we have reported, the Nation Alliance announced the Common Policies Memorandum of Understanding at a press conference today during the election race. In the text shared with the public, a legislative regulation on instruments defined as crypto money and digital assets takes the first place. This is followed by items such as integration into payment systems and taxation. The relevant headings in the text are as follows:

  • We will enact crypto money and asset legislation and eliminate uncertainties in the industry.
  • We will take steps to regulate and control exchanges related to crypto assets, provide confidence in these markets and protect small investors.
  • We will ensure effective taxation of crypto assets and emerging digital media.
  • We will implement legal regulations regarding technologies that will enable the integration of digital assets with payment systems.
  • We will clearly define the regulatory and supervisory legislation and institutions regarding digital currencies, cryptoassets, Fintechs and digital payment systems.
  • We will contribute to the discussions in the G-20 and other international organizations, of which we are a member, on the regulation of digital assets, carry out the regulations in our country within this framework, and support the commercialization of the digital assets produced.
  • We will make digital assets one of the main elements of the Istanbul Financial Center, and we will allow the establishment of companies subject to different legal regulations in the Istanbul Financial Center when necessary.
  • We will encourage global digital asset service platforms to bring a part of their value chain, especially product development and R&D activities, to Turkey.
  • We will organize advertisements and similar activities regarding digital assets, make these activities transparent, and prevent the deception of citizens through social media.

Promises to improve the use of Blockchain technology in the Memorandum of Understanding

Blockchain technology is also given a special place in the Nation Alliance Common Policies Memorandum of Understanding. It is aimed to increase the use of blockchain technology and to make maximum use of it. In this context, the text makes promises under the following headings:

  • We will record the information of all structures in the “Urban Registration Platform (KKP)” in the blockchain architecture, and we will impose deterrent penalties for changes not committed to the RPP.
  • We will benefit from blockchain and artificial intelligence technologies at the highest level in identifying families in need of social assistance, determining the types and amount of social assistance to be provided.
  • We will transfer all functions of the public based on licenses, title deeds, certificates, diplomas and similar records, property declarations of public employees, all fixtures and inventory lists in the public to the blockchain infrastructure that is open to public inspection.
  • We will move identity, health card and similar services to the blockchain platform within the framework of personal privacy and access is dependent on the consent of the individual.
  • By establishing an international trade platform (INTERSECT) in a blockchain architecture, we will establish a transparent and reliable foreign trade infrastructure that will reduce bureaucracy in foreign trade transactions, reduce intermediation costs.
  • We will establish end-to-end digital and widely automated blockchain-based Digital Customs to accelerate customs and transportation processes.
  • We will establish end-to-end digital and widely automated blockchain-based Digital Customs to accelerate customs and transportation processes.
  • We will use technologies such as blockchain and artificial intelligence in job search, matching and job placements.
  • Health technologies, nuclear fusion, battery technology, bio-engineering, deep technologies such as space, fintech and blockchain technologies, communication and cloud technologies, green economy, performing arts, design and digital game industry, publishing, cultural heritage, architecture and festivals. We will support technology areas such as creative industries that bring together fields.

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