Minister Mehmet Şimşek Announced the Good News: Cryptocurrency Regulation is on the Way to Parliament!

Minister of Treasury and Finance Mehmet Şimşek said that the cryptocurrency regulation will soon make its way to the parliament.

Minister of Treasury and Finance Mehmet Şimşek, at the meeting held today Istanbul Chamber of Industry (ISO) He spoke at the January meeting. Making a statement on many issues, Şimşek also touched upon cryptocurrencies.

The Minister made the following statements in the 27th minute of his speech at ISO:

The presence of a reform program in the medium-term program reflects positively on expectations. Look, one of the first reforms was simple; There is no regulation regarding crypto, we are sending it to the Parliament soon. We have completed partial regulations regarding good governance of SOEs and governance in accordance with international norms, hopefully it will go to the parliament soon.

Minister Mehmet Şimşek stated in his previous statement that their goal with the crypto asset regulation is to make the field safer and to reset the risks that may arise. The Minister also said in his previous statement, “Fighting against financial crimes is among our main priorities. According to the report shared by FATF, our country Compliant with 39 of 40 FATF standards.” he stated.

There is one last compatibility standard left and this is cryptocurrencies It was emphasized that it would be put on track with the regulation.

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