Before the crypto money law, which took place under the leadership of AK Party Group Deputy Chairman Mustafa Elitaş, names from the Turkish crypto money community were spoken.
After the meeting, the details of what was discussed in the parliament were conveyed in the Twitter broadcast opened by one of the representatives, Kamile Uray.
Sait Arslan, who stated that the state officials were preparing for the meeting very carefully and carefully, said: “MOfficials from the Central Bank, the CMB, the BRSA, the Ministry of Treasury and Finance, and the Presidency came to listen to us.” said.
The presence of “Survivor Semih” among the representatives drew a reaction on social media. Thereupon, Arslan that not only the designated persons, but also those who are not informed expressed.
Referring secondly to the reactions on the social media regarding taxation, Arslan said:
“We didn’t offer anything about tax, they didn’t offer it either, the tax issue is not there. Only 3 friends from the group called “Blockchain Initiative” said that our wallets can be kept secure by banks or institutions determined by the state. Even if it is caught, this is what happens: When we deposit money there, 5% deduction comes back, it may think something like 5% deduction again.”
said.
Stating that he added on these explanations by intervening, Arslan said:
“HEFirst of all, we conveyed that the regulation of the stock exchanges should be safe, the money we invested in the stock exchanges, you regulate the stock markets, they will give you a guarantee, they will give a guarantee to the state, and we conveyed that the regulation should come to the stock exchanges before the people. As for tax, we talked about the fact that there is no income tax on stocks, and only businesses are subject to tax when buying and selling dollars. We conveyed our ideas why cryptocurrencies should be taxed, while taxes are not charged on them. They thought that there could be a rate of 1/1000 or 1/10000 in every trade, if they were going to do this, do it through the exchanges, and the exchanges would give you a guarantee.”
said.
In general, the representatives stated that the listening officials and bureaucrats understood them. They stated that they came together not because they wanted to learn how to make the law, but what was happening in the crypto money industry and how it was.
Arslan said that after the meeting, the authorities commented that “we should not raise our eyes while making eyebrows”.
“BIf we try to self-organize something that is not center of track, we will shut ourselves off. What kind of arrangement should we make so that we do not close you abroad, and people abroad can be investors in Turkey, let’s work on this. Give your opinion on it. Let’s not raise our eyes while making eyebrows, we understood that.”
conveyed what he said.
Arslan said that they achieved something serious because they aroused this awareness in the authorities:
“BWe have accomplished something serious. If this draft had gone like this, they were unaware of what could have happened. But now they realize it.”
said.
Aytunç Yıldızlı, on the other hand, stated that he brought a hardware wallet to the meeting to break the “virtual” perception and made a presentation to the authorities. Expressing that he talked about the way the hardware wallet is used and what they can do in the presentation, Yıldızlı also talked about the valuation of the company behind this hardware wallet and the high valuations obtained by such companies and said that Turkey can host all these companies with a suitable arrangement in the future. He also mentioned that people who could not develop their projects due to bans and had to go to other countries could come to Turkey.
Although the officials’ comments that “we think mutually about taxation” at the press conference surprised the representatives, they were evaluated as “let’s wait”.