Ömer İleri, who oversees Information and Communication Technologies for Turkey’s ruling party, met with cryptocurrency industry representatives to discuss upcoming regulations. Türkiye is preparing a regulatory package for the crypto industry. Deputy Chairman of the AK Party, Ömer İleri, made some statements regarding the purpose of the package. Forward said that the aim of the regulation is to protect consumers while encouraging innovation in the sector.
The purpose of cryptocurrency regulations: To protect citizens!
cryptokoin.comAs you follow from, Turkey continues to work on cryptocurrency regulations. Deputy Chairman of the ruling AK Party, Ömer İleri, gave an interview on Tuesday. Here, he said that the rules Turkey plans for the crypto industry are primarily aimed at ensuring consumer protection. However, he also stated that it is in a way that supports innovation.
Ömer İleri is responsible for Information and Communication Technologies at AK Party. Forward met with crypto industry representatives, including legal experts and members of the media, to discuss the planned legislative package. Forward made the following statements about cryptocurrency regulations:
Our aim is to secure citizens, protect investors, regulate platforms, but also to put forward a bill that paves the way for innovators and innovation.
Turkey has big plans
According to Ömer İleri, Turkey has big plans for various technology areas such as Blockchain and artificial intelligence. Additionally, İleri cited President Recep Tayyip Erdoğan’s administration’s initiatives such as Blockchain Istanbul and Forum Metaverse as examples of the government’s interest in the Blockchain field.
Regulatory work on the cryptocurrency field is in the final stages.
Meanwhile, Minister of Finance Mehmet Şimşek made some statements about the regulations in January. Şimşek stated that the government has almost completed the technical studies for a cryptocurrency legislative package. In his statement on Tuesday, Forward also talked about the purpose of conducting a “legal study” regarding crypto assets. He noted that the aim here is to protect the consumer. In this regard, he said it is important to encourage innovation in this field. In this context, İleri shared the following views:
Today’s meeting was really useful in this sense. Industry representatives shared their thoughts on the situation assessment. They expressed their views on what should be included in the draft. Frankly, we see that we all have similar thoughts in this process.
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