Bitcoin and Cryptocurrency Statement by President Erdogan: “We are fighting them”


While crypto money investors in Turkey were waiting for the regulations to be made, a statement came from President Recep Tayyip Erdoğan.

Erdogan, who participated in the “Meeting with Youth” program held with students who won universities from 81 provinces in Mersin, also made a statement about cryptocurrencies.

One of the young people who participated in the program: “My question is about crypto money. Recently, the Central Bank established a digital Turkish lira platform. With this decision, is Turkey planning to open up to crypto money? Frankly, we, as young people, cannot answer our families on this matter. We are curious about your thoughts on this matter.” posed a question.

The President answered this question as follows:

“We have absolutely no problem with opening up to cryptocurrencies. On the contrary, we have a separate war, a separate struggle against them. We will never give them such a premium, nor will we. Because right now, we will continue with our own money on this issue.”

The President turned to Binali Yıldırım and said, “What are you saying, Mr. Binali?” When he asked, Binali Yıldırım, Deputy Chairman of the AKP, expressed his ideas about cryptocurrencies.

“Cryptocurrency, unfortunately, also opens the door to grievances. So it’s something that needs serious control. In a way, sales are made for an imaginary future, and after that, we have seen bad examples of this, as well as the victims. But in the future, at your discretion, it may be necessary to make some arrangements as a state, as a government, in order to prevent these abuses and mistakes. Studies on it have already started.”

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