Cryptocurrency Law Comes to Parliament in Turkey

The draft prepared to include cryptocurrencies within the scope of the law in Turkey will be presented to the Parliament before the end of the year.

According to Yeni Şafak’s report, the offer is expected to be submitted by the end of the year. ensuring financial stability and cryptocurrency better protection of investors is targeted.

Legal regulation, cryptocurrency industry for money laundering and terrorism financing purposes misuse of will also prevent it.

Social media influencers are also considered to be included in the offer. In recent operations, influencers were used to launder money. uses cryptocurrency had emerged.

The proposal that would bring cryptocurrencies within the scope of financial regulation would with the existing legal framework will make it compatible.

Thanks to this regulation, the Financial Action Task Force (FATF) to keep it on the gray list There will be no reason. To get off the list, industry experts advise emphasis may be placed on licensing he said.

It was reported that the AK Party’s 80-article omnibus bill, which includes increasing the penalties for hoarders, will be presented to the Presidency of the Parliament this week.

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