Crypto The effort to regulate currencies on a global scale continues. Türkiye and the rest of the world crypto rules is maturing. South Korea decided today to postpone taxation until 2027. The USA is entering a new process in terms of regulations after Trump won the elections.
CMB and Cryptocurrency Explained
Today CMB President İbrahim Ömer Gönül made important statements at the 8th Capital Markets Congress. He touched upon many issues, including the inclusion of financial literacy in the curriculum. CMB President also said that secondary regulations regarding cryptocurrencies will be put into effect soon.
The institution has taken important steps in regulating the stock exchanges and has made many improvements, especially in terms of qualification. Important rules aimed at protecting investors have been introduced, including keeping customer assets separate from exchange reserves and preventing positions against customers.
“Very soon with cryptocurrencies “We are taking steps to implement the relevant secondary regulations.”
Once these arrangements are completed, on-site inspection work will begin and the authorization process will be completed. Considering that the volume in local stock exchanges exceeds 50 billion TL on some days, the importance of such steps for investors is better understood.
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.
