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Turkey President: Crypto Law Headed to Parliament


Turkey’s draft crypto bill is ready and will soon be sent to parliament, Turkish President Recep Tayyip Erdoğan said Friday during a press conference in Istanbul.

“We will take a step right away and send [the draft bill] to the parliament,” Erdoğan said. Although Erdoğan didn’t disclose much in the way of details this time, he said in September that the government “has absolutely no intention of embracing cryptocurrencies.”

Erdoğan said at the time the country would "move forward with our own currency that has its own identity.”

Despite the tough words, there’s no expectation of a crypto ban.




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