Turkish Government Warms Up to Crypto, Charts Regulatory Course
A senior Turkish government minister says he no longer has "negative feelings" toward crypto and regulations targeting fraud are in the making.
In brief
A senior Turkish minister said that he’s recently had a change of heart about crypto, also highlighting the government’s plans to regulate it.
Experts told
Decrypt that fraud in crypto is a growing concern in Turkey.
Turkish Minister of Industry and Technology, Mustafa Varank, said today in an interview with the local media
Bloomberg HT that the government will soon introduce crypto regulations, also adding, “I’m no longer feeling negative toward crypto. Now I understand that they are effective.”