Mehmet Şimşek, Minister of Treasury and Finance of the Republic of Türkiye, also included cryptocurrencies on his agenda at the event he attended today. Putin says cryptocurrencies will continue to grow. Trump promises to make the USA the center of cryptocurrency innovation. So what did Mehmet Şimşek say?
Türkiye Cryptocurrency Statements
cryptocurrency The progress, albeit slowly, in terms of regulations has clarified many issues, especially regarding stock exchanges, in Turkey. The measures introduced to protect investors established the auditing and qualification standards for stock exchanges in a general framework. Moreover, the fact that the activity was subject to permission brought with it a certain security standard.
Mehmet Şimşek spoke at the GENÇİZ event today and mentioned that cryptocurrencies are more risky than the traditional stock market.
“When we look at Turkey and individual investors, there are currently 4 major crypto platforms. The same person can have multiple accounts, but there are 22.1 million crypto accounts. This means that the most interest is in the riskiest area.
Crypto is actually a software, an algorithm. Someone writes an algorithm and sells it to you. That’s the summary. Since the stock market represents at least something that is a real asset in return, a partnership for companies, the stock market is less risky since the companies have assets. In summary, we saw such a picture where we looked at what our individuals were doing.”
Of course cryptocurrencies Bitcoin is extremely risky, but even the world’s largest asset manager, such as BlackRock, started offering its customers as an ETF this year. 
$96,937When we think of ‘ and Ether, the world’s giants think that crypto is “not something to escape from”.
Altcoins Purchased by Turks
According to 21milyon.com data, the cryptocurrencies most bought and sold by users on the 4 major exchanges and others mentioned by Minister Mehmet Şimşek are as follows. XRP Coin is in first place because the 30-day volatility tested 400 percent in the TRY parity. USDT It usually ranks high due to local currency fluctuation and profit sales. Assets such as AMP and HBAR are included in the list periodically, but there are TR communities.
Since TRON has reached the ATH level, the attention it has received is normal and PEPE with LUNA Since they are assets with high volatility, they usually find a place in the top 10. You can watch this data instantly, free of charge, on 21milyon.com.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
