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Turkey’s crypto law is ready for parliament, President Erdoğan confirms

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Cryptocurrency1 hour ago (Dec 25, 2021 01:40AM ET)

Turkey’s crypto law is ready for parliament, President Erdoğan confirms

Turkey’s President Recep Tayyip Erdoğan has reportedly confirmed the completion of a crypto law draft that will soon be shared with the Parliament for mainstream implementation in the country.

In an effort to counter the falling value of the Turkish lira, President Erdoğan shared plans to implement a new economic model while speaking at a press conference in Istanbul. As reported by local media NTV, Erdoğan said that the cryptocurrency bill is ready, adding:

1-day candle chart (Binance). Source: TradingView

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