Yeni kripto para yasasının neler değiştirecek?
Turkish authorities have not yet provided a full overview of the expected changes in the new cryptocurrency legislation. However, it is known that the legislation aims to regulate and control the use of cryptocurrencies in order to prevent money laundering and other illicit activities. This is a common trend among countries experiencing high inflation rates, as cryptocurrencies have been seen as a way to preserve or even increase the value of assets during periods of economic instability.
Turkey has one of the highest cryptocurrency usage rates in the world, but it also ranks among the countries with the highest crypto-related losses. Additionally, the crypto sector often experiences illicit activities and money laundering, which necessitates regulatory measures in many countries.
As Turkish Finance Minister Mehmet Şimşek announced, Turkey aims to remove itself from the grey list of unregulated jurisdictions and become a leader in the field of regulation. The first draft proposal for regulation is expected to come into force on May 30th, with potential amendments being discussed by experts such as Bitci İş Geliştirme Direktörü Azat Bolcal.
The new legislation may bring various benefits and challenges to cryptocurrency users, banks, and the overall financial system. Feel free to share your thoughts and expectations about the upcoming law in the comments section below.
