Cryptocurrency Draft Workshop Ended: What Was Discussed?

As the crypto space expanded and adoption increased, countries began to feel the need to regulate it. In this respect, we can say that 2022 started quickly. In the days when crypto money regulations are being talked about in the USA, legal studies continue at full speed to regulate this area in our country. A group of participants came together at the Grand Ankara Hotel in order to assist the editing team and share their thoughts on the draft law, which is planned to be presented to the Turkish Grand National Assembly (TBMM) today. For details and what was discussed at the meeting cryptocoin.com keep reading.

What is the purpose of the cryptocurrency workshop?

While some participants of the Crypto Asset Law Draft Platform, which organized the workshop at the Grand Ankara Hotel, made presentations, the working groups formed exchanged ideas. Participants emphasized that the legal regulations to be made should not hinder innovation and creativity. The platform, which organized the workshop, explained the purpose of the workshop on their website with the following statements:

Crypto Asset Draft Workshop is an umbrella organization that will host the representatives of the Blockchain and Crypto ecosystem and the employees of the relevant public institutions and organizations.

What was discussed at the workshop?

Economy Journalist Erkan Oz stated that if access to foreign wallets and projects is blocked in Turkey, it would be a dream to develop a Blockchain project in the country and Blockchain software in Turkey would become dead before it was even born.

Speaking on behalf of the Finance Group, Gökçe Phillips said that the definition of crypto asset service provider should be further deepened, and that this definition includes service providers selling Non Fungible Tokens (NFT), decentralized finance (DeFi), GameFi, and therefore crypto asset service provider. reminded us that we should not only think of stock markets.

Voicing their views on behalf of the Sector Representatives group, Volkan Korkmaz, Ozge Erdemir and İlayda Peker emphasized that it is wrong to see crypto money investments as “money going abroad” and that the supervision of the sector should be done with new institutions.

Speaking on behalf of the Law Group, Atty. Sima Baktaş and Atty. Elçin Karatay made a presentation. While Sima Baktaş summarized the regulations made by the public so far, Elçin Karatay explained the examples of regulations made in Europe.

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