Turkish economy minister urges to refrain from using cryptocurrencies
By Rufiz Hafizoglu – Trend:
Turkish Economy Minister Nihat Zeybekci has called on citizens to refrain from using cryptocurrencies, the Economy Ministry said in a message Jan. 11.
There are many reasons that make it necessary to refrain from using cryptocurrencies, Zeybekci noted.
'Cryptocurrencies have no economic basis, and this creates risks in their use,' Zeybekci said.
On Dec. 12, 2017, the Turkish media reported that the Istanbul Stock Exchange may issue its own cryptocurrency named BISTcoin.
Previously, Ahmet Kenan Tanrikulu, deputy chairman of the National Movement Party (MHP) of Turkey, called on the authorities to create a cryptocurrency exchange for trading bitcoins.
Tanrikulu believes the creation of a cryptocurrency exchange is in the interests of Turkey.
He noted that there are already a number of companies and hotels in Turkey where it is possible to conduct financial transactions using cryptocurrencies.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.
Comments
No comment