
Turkey finance ministry readies digital currency bill for parliament
The country’s Ministry of Finance has finalized a digital currency bill that it would propose to parliament in October, in a bid to protect investors and prevent money laundering.
The country’s Ministry of Finance has finalized a digital currency bill that it would propose to parliament in October, in a bid to protect investors and prevent money laundering.
The measures were announced by the Minister of Treasury and Finance Lütfi Elvan, putting the Financial Crimes Investigation Board, or MASAK, at the heart of enforcement of the rules.
The Turkish Ministry of Treasury and Finance tweeted that it was beginning work with a number of regulatory bodies to assess the risks posed by cryptocurrency, and to devise a government solution.