April 16, 2021

Europe

Turkey: Ankara bans payments in cryptocurrencies

BY Wolfango Piccoli

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( 3 mins) Turkey will bar consumers and businesses from exchanging payment for goods and services in Bitcoin and other cryptocurrencies. In legislation (six articles) published in the Official Gazette overnight, the Central Bank of Turkey (TCMB) determined that cryptocurrencies and other such digital assets based on distributed ledger technology cannot be used, directly or indirectly, as an […]

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