Turkey Moves To Ban Cryptocurrency Payments, Citing Crime Risks

Eurasia Review


By Hamdi Firat Buyuk

Turkey’s Central Bank, TCMB, has banned the use of cryptocurrencies and other crypto assets for purchasing good and services.

“Crypto-assets [may not be] used directly or indirectly in the provision of payment services and electronic money issuance,” TCMB wrote in new rules published on...

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