April 24, 2024

The President of Turkey will take residents away from the crypto investment

During a meeting on September 18 with students from 81 provinces, which was held in the city of Mercin, President Recep Tayyip Erdogan stated thatTurkey is in the state of war with cryptocurrencies.

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As you know, in the middle of April, the central bank of Turkey has introduced a ban on payments in the cryptocurrency, according to the local companies are not allowed to issue an offer.

Uncertainty in regulation, unusually high volatility and perceptibility were called the main reasons for this decision.

These statements of Erdogana followed after the creation of the central bank in the beginning of this year's September of a new platform for researching and iterating the round.

At the first stage, the project will undergo a closed test in order to determine the life of the project as a whole. The results of the pilot phase will be announced next year.

The study of CBDC was included in Erdogan's annual presidential program back in 2019.

Turkey, an economy that suffers from uncontrolled inflation and currency devaluation, is invariably included in the list of leading countries by the framework of the framework.

At the end of March, google search queries by wordBitcoin soared more than 500% after the price of the lira dropped by as much as 17% over the course of a single day, when Erdogan increased his credit.

In view of the fact that the decentralized cryptocurrencies are beyond the reach of Erdogan and someone else, the president plans to arrange a tour of the offer

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