Minister Mehmet Şimşek Announced the Possible Date of the Cryptocurrency Law!

Minister of Treasury and Finance Mehmet Şimşek said that legal regulations regarding cryptocurrencies will be introduced next month.

According to NTV’s news, Minister Mehmet Şimşek said that the legal regulation regarding cryptocurrencies You may come in January he stated.

Financial Action Task Force, which previously said that fighting financial crimes is among its main priorities by (FATF) According to the shared report, Turkey’s 40 FATF of the standard 39th stating that it is compatible with Lightning, He repeated these words.

Minister Şimşek also made the following statements on the following issue:

There was only one thing left. Hopefully we will bring it in January. Legal regulation regarding crypto assets, but this is not enough. Additionally, activity in the app is required to exit the greylist. We have come a long way in terms of effectiveness in practice and we shared these with FATF. Of course, this is a decision, it may not be possible if even one country objects, but I believe that Turkey’s progress will be appreciated eventually. Hopefully next year, Türkiye will be removed from the gray list.

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