has been on the agenda for some time cryptocurrency law An important development has occurred in the field of The AK Party officially presented the draft law it had prepared to the Presidency of the Turkish Grand National Assembly. According to the information obtained, the cryptocurrency law, which is still in the proposal phase, would of 19 articles is formed.

The person who made a statement on this topic is the chairman of the AK Party Group Abdullah Guler happened. Güler made an important statement in his statement on this subject. According to Abdullah Güler, in the arrangement to be made: There will be no tax deductions!

But…

According to Abdullah Güler’s statement, crypto asset service providers are exempt from CMB get a license It will be necessary. The sale and distribution of crypto assets will be managed by the CMB. The institution will also determine the procedures and principles for investment advice. TÜBİTAK will work on the technological infrastructure. These two settings exist for the reasons we mentioned. 1 percent service charge They’ll get it.

Abdullah Güler said existing crypto asset service providers will be given one month to obtain a license. Institutions that wish to continue their activities must submit an application to the CMB within 1 month. Other companies stop providing their services within 3 months. Moreover The use of crypto exchanges operating abroad will be terminated.