The long-awaited step was taken in the election process, which shook the agenda of our country, and the 6-party table that formed the Nation Alliance announced the presidential candidate. We’ve compiled what the current government and Nation Alliance members think about crypto.
Turkish Treasury and Finance Minister Nureddin Nebati stated at the beginning of last November that the regulation on crypto assets will be ready soon. However, it has been a matter of curiosity what will happen to the law regulation, which has not yet been determined, in case of a change in the government.
While it is estimated that the opinions about cryptocurrencies will not change much if the People’s Alliance is elected, in the meeting where crypto money regulations were evaluated last year, Capital Markets Board (CMB), Ministry of Commerce and the Central Bank of the Republic of Turkey. It was on the agenda that there would be authorized institutions and tax would be taken from cryptocurrencies.
It is estimated that the law, which has not yet been clarified, will not be the center of attention before the election.
What Does Presidential Candidate Kemal Kılıçdaroğlu Think?
Kemal Kılıçdaroğlu was highly critical of the law that “forbids the direct and indirect use of crypto assets in payments”, which came into force in 2021 under the regulation of the Central Bank of the Republic of Turkey. In his statement at that time, Kılıçdaroğlu, who included the statements “They could not get rid of this mentality”, is thought to have a positive view of the integration of cryptocurrencies into payment systems.
In addition, Kılıçdaroğlu stated that the young people were cut off and made the following statements: had given:
Later, quoting this post, the Chairman of the Republican People’s Party said, “Blockchain and crypto are the only areas where our $1 billion (Unicorn) initiatives will emerge. They dealt a blow to Turkey’s financial technology initiatives. They have no tolerance for young people. No no no!He also implied that he favored blockchain technology by using his statements.
What Does the Economic Side of the Table Think?
DEVA Party Chairman and economist Ali Babacan, who will probably assume the duty of finance minister if the Nation Alliance is elected, will be announced at the end of 2021. with cryptocurrency ban had come to the fore with their respective statements.
Talking about bans in crypto currency legislation takes our country back in time. What needs to be done is to establish trust by auditing the exchanges.
Babacan also stated, “We should be a pioneer country, not a follower.” he said.
Talking about bans in crypto currency legislation takes our country back in time. What needs to be done is to establish trust by auditing the exchanges.
We must be pioneer countries, not followers. To achieve harmony with the world and to pave the way for innovation #Breakthrough To Tomorrow we say.
— Ali Babacan (@alibabacan) December 30, 2021
On the other hand, Babacan’s party, which also adopted metaverse technology in parallel with its views on cryptocurrencies, announced that it had stepped into the metaverse with the ready share of Metaverse’s Deva in January 2022.
The DEVA party, which is estimated to have done more work for the crypto money ecosystem compared to other political parties, shared a lot of cryptocurrencies from the party’s official account under the leadership of Burak Dalgın, Head of Digital Transformation and Technology Policies.
Dalgın stated that they plan to make crypto money regulation in an innovative and integrated way with the world, and stated that they aim to make Turkey a financial center in the field of crypto. On the other hand, he stated that they will accelerate the work of the digital Turkish Lira within the scope of the digital central bank money (CBDC), and that it will be made available to the public.
What Does Ahmet Davutoğlu Think?
Former Minister of Foreign Affairs and Chairman of the Future Party, Ahmet Davutoğlu, had previously criticized the tax issue in cryptocurrencies in his statement. Davutoğlu made the following statements in his statement:
Imposing restrictions without understanding the nature of digital assets harms the entrepreneurial ecosystem the most. Instead of thinking about taxing, think about how we step into the world of Metaverse and web3! Control those who demand it rather than restrict it. Let the system run.