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In Turkey, discussions on how cryptocurrency regulations would take place have been ongoing for a long time. On May 16, after signatures collected by the AK Party group were submitted to the presidency of the Turkish Grand National Assembly, the bill proposing changes to the Capital Markets Law, which included the first legal regulation on cryptocurrencies, was introduced. The proposal raised many questions, but shortly after, AK Party Deputy Chairman Dr. Ömer İleri, one of the key figures in the process, made statements to clear up the uncertainties.
Dr. Ömer İleri’s Statements
The cryptocurrency law, which was put to a vote and approved in the planning and budget commission hours ago, caused a significant stir. The BTCHaber TV team, who conducted an important interview with İleri, received crucial answers about the attitudes and goals adopted in the process.
Dr. Ömer İleri made many statements, noting that they considered the opinions of everyone who wanted to express their thoughts during the process. One of the most notable topics in his statements was the balance between protecting citizens and avoiding restrictive measures. His statement was as follows:
While addressing this regulation, on one hand, the perspective of protecting our citizens comes to the forefront, but on the other hand, we paid attention to not being restrictive, especially in terms of paving the way for blockchain technologies in Turkey.
Can Turkey Become a Global Blockchain Hub?
Answering a question about whether Turkey could become a global hub for cryptocurrencies, İleri said:
This is a matter of approach. First and foremost, as I have stated, under the leadership of our President, we are extremely interested in every innovative field and new technology area. We don’t just want to follow these areas; we actually want to take the leadership seat. As a country, as a nation, we believe we should do this. We must do this because this country, this nation, will bring very beautiful, very interesting, and very fair technologies to the world. Blockchain technologies offer a significant opportunity in this regard.
İleri stated that this proposal is a first step and explained that the implementation would be carried out carefully because it will provide the legal definition of cryptocurrencies.
