In recent years, in Turkey as well as all over the world, cryptocurrency usage continues to increase.
Recently, the cryptocurrency usage rate in Turkey has exceeded 50%, while crypto regulation efforts continue.
President Recep Tayyip Erdoğan In his statement in 2021, he stated that they had no intention of accepting cryptocurrencies and said that they would fight against cryptocurrencies. Erdoğan also added that the work was continuing.
new dawnAccording to the news of , it was claimed that the cryptocurrency draft, prepared to include cryptocurrencies within the scope of the law, will be submitted to the Parliament before the end of 2023.
Aforementioned cryptocurrency It was stated that the regulation is expected to prevent the misuse of the crypto industry for money laundering and terrorism financing.
It was stated that social media influencers are expected to be included in the scope of this regulation.
As you may remember Minister of Treasury and Finance Mehmet Şimşek In his statement in recent weeks, he said that according to the report shared by FATF, Turkey is compatible with 39 of 40 FATF standards, and the only issue that continues to be prepared within the scope of technical compliance is the work on cryptocurrencies.
At this point, it is thought that with the regulation, FATF will have no reason to keep Turkey on the gray list.
*This is not investment advice.
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