“It is believed that their use in payments may cause irreversible losses to the parties to the transactions due to the above factors and include elements that may undermine confidence in the methods and instruments currently used in payments,” the statement said. The Bank also pointed out that these assets, among other security risks, are not subject to any regulatory and control mechanisms or to the central regulatory authority.
Read Also
- Online bank : Monabanq offer 170€ for new customers Jul 5, 2020
- Algeria: Defense budget will more than double in 2023 Nov 23, 2022
- Why the property tax is likely to increase in 2023 Nov 18, 2022
- In the United States, a mysterious debit card arrives in the inhabitants Jun 1, 2020
- US Open, Sinner and Monfils in search of the second round: 2nd career clash, 1-1 the budget Sep 3, 2021
- United Kingdom: Tax on energy giants, help for the precarious… What the new austerity budget contains Nov 18, 2022
- Three years in jail for two businessmen for faking their bankruptcy Apr 19, 2021
In the new regulations, therefore, the Turkish central bank banned the use of cryptocurrencies and other cryptocurrencies for purchases of goods and services. Last week, Turkish authorities asked trading platforms to provide information about users, Reuters reported.
The most famous cryptocurrency bitcoin this week rose to a record more than 63,000 USD (1.4 million CZK). Since the beginning of the year, the value of bitcoin has more than doubled.
Cryptocurrencies are being criticized and controlled by regulators around the world, and there is increasing talk that governments around the world could take action against their use. A number of prominent figures, including US Secretary of the Treasury Janet Yellen and the head of the European Central Bank (ECB) Christine Lagarde, have already expressed concern about the use of cryptocurrencies for money laundering, terrorist financing and other illegal activities.
Reuters last month, citing its sources, said India was preparing a law banning cryptocurrencies. If someone traded in cryptocurrencies in the country or owned such digital property, they would be fined by law. China has already banned mining and trading in cryptocurrencies from major economies. But Beijing is not punishing possession of cryptocurrencies.
