2024-07-01 20:39:54
The Turkish parliament has adopted a invoice regulating the principles for the usage of cryptocurrency within the republic and establishing fines for violating the principles for dealing with it – from $7.5 thousand to $182.6 thousand, in addition to imprisonment for a time period of three to 5 years for people. This was reported by the parliamentary TV channel, Day.Az reviews on the subject of TASS.
The invoice was submitted to parliament in Might by the ruling Justice and Growth Occasion and was ready considering the suggestions of related departments, particularly the Turkish Monetary Markets Regulatory Authority. It’s this authority, as follows from the doc, that may challenge licenses within the areas of improvement, software and sale of blockchain and comparable applied sciences, challenge, distribute and commerce cryptocurrency. All cryptocurrency transfers will now be registered.
Regulation of crypto belongings in Turkey has been mentioned for a very long time. It’s anticipated that the adopted doc will assist to facilitate the exclusion of Ankara from the so-called grey listing of the Monetary Motion Activity Drive on Cash Laundering (FATF), Sözcü TV channel notes.
In keeping with the TRT TV channel, there are presently about 12 million individuals who personal cryptocurrency in Turkey.
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