Discussions about cryptocurrencies, which are becoming more and more popular with each passing day, continue. Many countries around the world are taking decisions such as prohibiting and regulating the technology in question. Turkey also draws attention as one of these places.
Finally, a new statement has come in these days, where developments regarding the crypto money law are expected. NationalityAccording to the news of Turkish Grand National AssemblyMaking a press statement today after the meeting in , Ak Party spokesman Ömer Çelik said that legal arrangements will be made regarding cryptocurrencies.
What is the latest situation in the crypto money markets?
Bitcoin, which is at the lowest levels of the last 6 months, continues to affect other currencies. Here is the latest status of the stock markets…
Cryptocurrency regulation finalized
He has been working on cryptocurrencies for a while. Turkish Grand National AssemblyHe finally made his decision today. Recently Binance UK and BtcTurk Listening to the experts, the authorities said that the legal regulation regarding cryptocurrencies will be made. After the announcement, the situation that everyone was waiting for became final.
Actually, this was not much of a surprise. because Binance UK officials also stated in their statement about the meeting that their recommendations were in this direction. Underlining that they are ready to contribute and support the studies, the company officials announced that they presented the best practice examples from the world to the council members about the possible regulation.
Unfortunately, it is not clear at the moment what the cryptocurrency law will cover. However, it is expected to focus on the taxation of possible income and the conditions that service exchanges must present. Thus, both earnings will be registered in the system and citizens will be able to invest in state-controlled secure platforms.
So what do you think about this subject? Do you think crypto money regulation is a move that should be made? You can share your views with us in the comments section or on the SDN Forum.