AK Party Information and Communication Technologies Chairman Ömer İleri made statements about the cryptocurrency law, which is expected to come soon.
Ömer İleri, who is also the Deputy Chairman of the AK Party, made statements about the draft law on cryptocurrencies, which is expected to be presented to the Parliament after the local elections to be held on March 31.
Stating that Blockchain is a priority for the AK Party, Ömer İleri stated that they have allocated a place for this issue in the Medium Term Program. Next, in Turkey Paving the way for the cryptocurrency space While stating that they are working on a legal regulation for It attracts a lot of attention in the country gave place.
Stating that 10 million people currently have cryptocurrency accounts in Turkey, İleri said that regulation in this area is essential:
A significant portion of these users agree that this area should be implemented under state control, in a sense. Everyone says that there is a need for regulation here. We have carried out various studies in this direction, especially with our ministry. As of now, work continues in our Parliamentary group.
Stating that their main goal is to bring a legal framework to cryptocurrencies, Ömer İleri made the following statements:
Our aim is to pave the way for Turkey in this field on the one hand, and to protect our citizens and investors on the other. We’re trying to strike a delicate balance here. Blockchain technologies are an area that we, as the AK Party, have been following closely for a while. You remember, we had ‘Forum Metaverse’ and ‘Blockchain Istanbul’ events. Our President attended these events. These events became the first events in which a state leader participated in this field. It is an area we care about for Turkey’s future. Being aware of the importance of this area, we are carrying out an important work to protect our citizens on the one hand, and to pave the way for the area on the other hand.
It becomes a really well-studied bill. There is no regulation in the crypto field that has been implemented at the federal level in the USA, but there is a regulation called “MiCA” in the European Union, which has reached a compromise stage between the Council and the Parliament; It will become effective as of December 2024. We are working to make Turkey one of the leading countries in the world in this field.
Industry stakeholders also support the bill
AK Party Deputy Chairman stated that they invited the stakeholders in the sector and received their opinions. Noting that the regulation is innovative and paves the way for the sector, İleri said that stakeholders in the sector also largely supports the current bill. he stated.
Omer Forward, security of cryptocurrency holders He used the following sentences about how to achieve this:
What we actually mean by security is this; As an investor, when you start receiving services from a platform, you need to be correctly informed, this platform has the appropriate infrastructure, it is reliable in this sense, you are not faced with risks that you would not want to face under normal circumstances, through these platforms… Actually, there is a very general definition of security here. To protect investors and citizens from misdirection within the framework of equity, to protect their investments, to block malicious actors, but to pave the way for the sector while doing all these, to do both. This is always the main problem; is to solve this dilemma. We see that a very appropriate balance has been achieved here.