Cryptocurrency Law Officially in Turkish Grand National Assembly

AK Party presented the cryptocurrency law, which it has been working on for a while, to the Presidency of the Turkish Grand National Assembly. The first statements on the subject were also made. Here’s what awaits investors…

has been on the agenda for a while cryptocurrency law There has been an important development regarding the AK Party officially presented the draft law it prepared to the Presidency of the Turkish Grand National Assembly. According to the information obtained, the cryptocurrency law, which is still at the proposal stage, of 19 articles is formed.

The person who made a statement on the subject is AK Party Group Chairman Abdullah Guler happened. Güler made an important statement in his statement on the subject. According to Abdullah Güler, in the arrangement to be made: There will be no tax deduction!

But…

According to the statement made by Abdullah Güler, crypto asset service providers are exempt from CMB get a license It will be necessary. Sales and distribution of crypto assets will be managed by the CMB. The institution will also determine the procedures and principles for investment consultancy. TÜBİTAK will work on technological infrastructure. These two institutions are for the reasons we mentioned. 1 percent service fee they will get it.

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Abdullah Güler said that existing crypto asset service providers will have 1 month to obtain a license. Institutions that want to continue their activities will apply to the CMB within 1 month. Other companies will stop their services within 3 months. Moreover The use of crypto exchanges operating abroad will be terminated.

Source :
https://www.ntv.com.tr/ntvpara/kripto-para/kripto-duzenleme-tbmm-baskanligina-sunuldu,bPitU5sSt0eyjVsOunRkHw


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