1/ 🧵 Republic of Turkey and Central bank are in process of bringing regulation to the crypto and the digital assets. This is likely to be processed in the next year 2024.
1/ 🧵 Republic of Turkey and Central bank are in process of bringing regulation to the crypto and the digital assets. This is likely to be processed in the next year 2024.
2/ 🧵Turkey has suffered alot due to the variety of the crimes which had the legal issues and they demand the regulations as soon as possible from the govt.
5/ 🧵 Check out how Turkey govt and Central Bank is planning on going with the crypto regulations.
https://inleo.io/@esmeesmith/turkey-in-draft-for-crypto-and-digital-asset-legislation
4/ 🧵 Digital Lira is also going to be CBDC which would be possible to be traded into the forex. Which would take time but you can expect from 2024 onwards.
3/ 🧵 Thodex downfall has caused major concern in the Turkey and for which there needs to be very strong laws and govt is planning on covering those issues too.
Informative thread storm.
Thanks for putting it together!