Cryptocurrency Meeting Held by Presidency! Will Foreign Exchanges Be Banned?

Yesterday, in Beştepe, many important issues were discussed at the Presidential Complex, from rent increases to 3600 additional indicators.

According to the information obtained, one of the meeting titles is cryptocurrencywere.

At the meeting chaired by Vice President Fuat Oktay cryptocurrency final evaluations of the law were made.

While the draft, which has not yet been shared with the public, is eagerly awaited by the investors, according to the information leaked from the backstage, the draft includes regulations regarding the following issues.

The principles for the issuance of crypto assets will be determined by the Capital Markets Board.

The Central Bank, the Ministry of Commerce and the CMB may be authorized separately, depending on the type of crypto asset, for all kinds of regulation and sanction authority related to crypto assets.

In order to establish a crypto asset trading platform, it will be necessary to obtain permission from the Capital Markets Board.

After the law comes into force, crypto asset platforms located abroad will stop serving people residing in Turkey within a month.

The final version of the draft is not yet clear, and it is considered that some articles may be amended after it comes to the Parliament.

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