The governor of Turkey’s central bank said Friday that the finance ministry plans to announce wide-reaching cryptocurrency regulations within two weeks. He ruled out any possibility of an outright ban.
“You can’t resolve anything simply by banning crypto, and we have no intention of doing so,” governor Şahap Kavacıoğlu said on the state-run TRT channel.
While Kavacıoğlu did not specify what the forthcoming regulation would entail, he hinted that it would clarify the legal definition of “crypto”, and govern how institutions should store crypto.
Protecting the economy
Kavacıoğlu said the implementations are necessary to address the “disturbingly high” amount of funds leaving the country through crypto. He said didn’t have any reliable figures to support his claim, but added, “we don’t even know if some of the crypto funds leaving the country ever come back.”
Beste Naz Süllü, research director at the crypto exchange Icrypex, told Decrypt that the governme
Źródło: https://decrypt.co/69005/turkeys-central-bank-governor-crypto-regulation-to-come-within-two-weeks
