The head of the Central Bank of Turkey stated that the new rules would be limited, but they will not ban cryptocurrency payments


The Chairman of the Central Bank of the Turkish Republic said that new regulations do not provide for a complete ban on cryptopolis.


He said that changes are necessary to slow down the «disturbing» capital outflow beyond the country through cryptocurrency. By adding that the full ban will not help solve the problem, so the central bank is not going to take similar measures.

On April 16, the announcement of the introduction of a ban on the use of cryptocurrency for payment transactions in Turkey had a negative impact on the market by provoking the sale on the market. Since then, Bitcoin’s course (BTC) continues to decline.

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