Turkey’s Erdogan says crypto law ready for parliament

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Al-Araby

Turkey’s parliament is set to discuss a new law on cryptocurrencies, President Recep Tayyip Erdogan announced on Friday. The move comes months after Turkey clamped down on the digital assets, banning crypto payments in mid-April. In May, Turkey added cryptocurrency trading platforms to its list of firms falling under anti-money laundering and terrorism financing regulation, as per a presidential decree. The anti-crypto regulations were slammed by investors around the world, who view the assets as the future of finance. While cryptocurrencies like Bitcoin are hailed for their decentralised natu…

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