In Turkey, discussions about how to regulate cryptocurrency have been ongoing for some time. On May 16, after the AK Party gathered signatures, they submitted a bill to the Turkish Grand National Assembly to amend the Capital Markets Law, marking the country's first legal move towards regulating cryptocurrencies. This proposal led to numerous questions. To clarify these uncertainties, Dr. Ömer İleri, Deputy Chairman of the AK Party, made significant statements.

Dr. Ömer İleri’s Insights

The new cryptocurrency regulation, which was recently approved by the planning and budget commission, sparked considerable interest. In an interview with BTCHaber TV, Dr. İleri provided important insights into the government's approach and objectives. He emphasized that they had considered feedback from various stakeholders throughout the process. A key point in his statements was the need to protect citizens while also avoiding overly restrictive measures. He stated:

"When addressing this regulation, we focused on protecting our citizens, but we also ensured that we did not impose restrictive measures, especially to promote blockchain technology in Turkey."

Turkey's Potential as a Blockchain Leader

When asked if Turkey could become a global center for cryptocurrencies, İleri expressed optimism:

"This is a matter of approach. As I have mentioned, under our President's leadership, we are deeply interested in all innovative fields and new technologies. We aim not just to follow these areas but to lead them. We believe that as a country and as a nation, we must do this. We need to bring unique and fair technologies to the world, and blockchain offers a significant opportunity."

Dr. İleri highlighted that this proposal is just the beginning, explaining that the implementation would be handled carefully, as it provides the legal definition of cryptocurrencies in Turkey.

Conclusion

Turkey has introduced its first official cryptocurrency regulation, with Dr. Ömer İleri emphasizing the balance between citizen protection and fostering innovation. The country aims to be at the forefront of blockchain technology, promoting fair and advanced technologies globally.