A statement came from the AK Party following the information pollution regarding the fate of foreign exchanges following the AK Party’s cryptocurrency law proposal.
AK Party Deputy Chairman and Head of Information and Communication Technologies Ömer İleri said, “With the draft, it is not possible to ban Turkish citizens from making transactions on foreign platforms. He released a statement saying:
The full text of the statement is as follows:
“I feel the need to provide the following information, in line with the posts on social media channels, especially on foreign platforms, regarding the regulation that we submitted to the parliament today and known to the public as the crypto bill; With the draft, it is not possible to ban Turkish citizens from making transactions on foreign platforms. There is no obstacle for residents of Turkey to open accounts on foreign platforms and make transactions on their own initiative. “However, foreign platforms’ activities such as opening Turkish websites and advertising to residents in Turkey will be subject to the CMB license.”
In our recently published analysis, we underlined that there is nothing that investors should be worried about. You can find the details of the news here.
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