Minister Mehmet Şimşek Announced the Latest Status of the Cryptocurrency Law!

Minister of Treasury and Finance Mehmet Şimşek said that the cryptocurrency bill is ready and will come after the election.

Broadcast live on Bloomberg HT participating Mehmet Şimşek, the cryptocurrency bill It will probably come after the election he stated.

Mehmet Şimşek made the following statements when asked about the cryptocurrency regulation:

The Financial Action Task Force (FATF) met and came to the following conclusion. Turkey had submitted an action plan to prevent the financing of black money and terrorism and fulfilled all the requirements. Therefore, the second stage is that they will send a delegation here for on-site inspection in April or May.

The Minister said that this is the final stage to get out of the gray list. stated And after the election pointed out:

Cryptocurrency bill is ready. The parliamentary group is examining. I believe it will most likely come out right after the election. The main thing is that we define the undefined area. Like other intermediary platforms, CMB will license it. We are taking precautions. We chose to regulate rather than block. Therefore, our approach is not very different from the rest of the world. Many developing countries asked us to share the bill.

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