Türkiye'nin kripto para yaklaşımı beni endişelendirdi

The Central Bank's regulation that prohibits payment in cryptocurrency upset me. It is a sad situation for my country, there are wrong approaches.

Rezev currencies are not resistant to inflation yet they do not understand this

The Central Bank of Turkey (CBT) of Regulation not be used on the crypto Assets in payments was published in the Official Gazette. In the regulation, cryptocurrencies, "It refers to intangible assets that are created virtually using distributed ledger technology or a similar technology and distributed over digital networks, but are not qualified as fiat money, registered money, electronic money, payment instrument, securities or other capital market instrument. " It was defined as.

So, does the regulation prohibit investing in crypto asset platforms?

No, crypto money is not banned, investment continues. For direct or indirect use of cryptocurrencies in prohibition payments.

What does the regulation contain, what actions does it prohibit?

Cryptocurrencies began to be used for home and car sales, and even this was reflected in the business world; Tradesmen who started with bitcoin in Kahramanmaraş and sold döner in Istanbul were on the agenda. As of April 30, you will not be able to buy or sell anything with cryptocurrency. This situation made me sad

consequently, it would not be right to limit it permanently.

Following this regulation; A regulation saying that "payment companies cannot do, but those companies can do it with these limits" would be healthier. Rejecting or ignoring something coming here is not the solution. It is necessary to accept and regulate the strategy in the most efficient way for the adaptation and economy. "

But in a free market environment, we see that crypto money has a place in terms of providing better, cheaper service and more creative ideas. Therefore, I think it may not be right to limit this permanently. "

note: at the same time I shared the article I wrote in leofinance here.

https://leofinance.io/@arslan43/turkey-s-crypto-currency-approach-had-me-worried