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Turkey’s crypto law is ready for parliament, President Erdoğan confirms

Published 12/24/2021, 11:53 PM
Updated 12/27/2021, 02:00 AM

Turkey's President Recep Tayyip Erdoğan has reportedly confirmed the completion of a crypto law draft that will soon be shared with the Parliament for mainstream implementation in the country.

In an effort to counter the falling value of the Turkish lira, President Erdoğan shared plans to implement a new economic model while speaking at a press conference in Istanbul. As reported by local media NTV, Erdoğan said that the cryptocurrency bill is ready, adding:

BTC/TRY 1-day candle chart (Binance). Source: TradingView

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Latest comments

Erdogan will introduce a new crypto coin to help and support the people, it's called SIKTIR.
🤣🤣🤣🤣
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