Turkey has made a name for itself as a crypto-friendly country with a wait-and-see approach to digital assets, but that could be about to change as the government is now ready to take matters into its own hands.
Turkish Ministry of Treasury and Finance went to Twitter to express concerns about cryptocurrencies and to announce collaborative work on the subject with several local regulators on March 1.
According to the announcement, the ministry is working with the central bank alongside two financial regulatory agencies:
“We share the growing concerns about crypto with the rest of the world. Developments (on crypto in the world) and the state of crypto in Turkey are closely monitored by our ministry….Read Additional From Source
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- Headline: Turkish Finance Ministry to Investigate Cryptocurrency with Local Regulators
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