Türkiye has an important position in the cryptocurrency world. It has made great progress in this field with its young and dynamic population structure. However, there is no legislation yet to regulate this area. However, some work is being carried out to address this deficiency. In this context, Ömer İleri, Deputy Chairman of Information and Communication Technologies of the AK Party, the ruling party, made some statements regarding crypto anal.
Turkey is moving quickly on cryptocurrency regulations!
cryptokoin.comAs you follow from , many countries are working to regulate the cryptocurrency field. Dramatic crashes such as Terra and FTX, which we witnessed last year, accelerated the work in this direction. Since Turkey has an important position in the crypto world, it is working for legal regulations in this field. AK Party Deputy Chairman of Information and Communication Technologies, Ömer İleri, made some statements on the subject. İleri started his statements by stating that they are in communication with the industry. He also noted that relevant institutions continue their work.
Continuing his statements, İleri talked especially about the efforts to regulate the cryptocurrency field. Meanwhile, he underlined that there is no complete legislation in the world yet. In this context, he said that the EU’s crypto law, MiCA, will come into force in 2024. He also emphasized that it is not yet an inclusive practice in the United States. He continued his further statements as follows:
Türkiye is one of the fast-moving countries in this sense. We started a study last year. I was also involved in part of the process. There is serious social interest in crypto assets. Here, we have been working to protect our citizens, to ensure the security of our citizens, but also to pave the way for the Blockchain mentality and not to block it. In this context, we are also in communication with the sector. Relevant institutions are doing their work. This issue will come to the agenda again in the future.
““A draft law is being worked on.”
AK Party Deputy Chairman of Information and Communication Technologies, Ömer İleri, also delved into the topic of Blockchain. Forward stated that they met with the leaders of the Blockchain industry to exchange views. Noting that the relevant companies are happy with this relationship, İleri said, “… In fact, this is a field of technology far beyond cryptocurrencies. “This is a technological perspective that can transform the world, from logistics to healthcare management.” said.
Ömer İleri then made some statements about the latest situation in legal regulations. Forward stated that they are aware of the importance of the issue. He also mentioned their meetings with the parties and noted that they were satisfied with the importance they gave to this issue. Forward said that they also took these into consideration in the legislative process regarding the cryptocurrency field. Finally, İleri announced that a draft was being worked on.
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