CBRT-Regulation for disuse of crypto assets in payments in effect
Studies on the regulation regarding the disuse of crypto assets in payments have been completed and the regulation is in effect, according to the press statement released by the Central Bank of the Republic of Turkey (CBRT) on Friday.
According to the CBRT, crypto assets entail significant risks to the relevant parties due to the following reasons:
"- They are neither subject to any regulation and supervision mechanisms nor a central regulatory authority,
- their market values can be excessively volatile,
- they may be used in illegal actions due to their anonymous structures,
- wallets can be stolen or used unlawfully without the authorization of their holders, and
transactions are irrevocable."
"Recently, some initiatives have emerged regarding the use of these assets in payments. It is considered that their use in payments may cause non-recoverable losses for the parties to the transactions due to the above-listed factors and they include elements that may undermine the confidence in methods and instruments used currently in payments" read the statement and went on as follows:
"Accordingly, pursuant to the authority vested by the Law No:1211 on the Central Bank of the Republic of Turkey (CBRT) and the Law No. 6493 on Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions, the CBRT has introduced 'Regulation on the Disuse of Crypto Assets in Payments'."
Türkiye Cumhuriyeti'nde 14 Mayıs 2023'de yapılacak Cumhurbaşkanlığı seçimini kim kazanır?
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1. Galatasaray | 30 | 81 |
2. Fenerbahçe | 30 | 79 |
3. Trabzonspor | 30 | 49 |
4. Beşiktaş | 30 | 46 |
5. Kasımpasa | 30 | 43 |
6. Başakşehir | 30 | 42 |
7. Rizespor | 30 | 42 |
8. Antalyaspor | 30 | 41 |
9. A.Demirspor | 30 | 39 |
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11. Sivasspor | 30 | 38 |
12. Samsunspor | 30 | 36 |
13. Kayserispor | 30 | 36 |
14. Ankaragücü | 30 | 33 |
15. Hatayspor | 30 | 33 |
16. Konyaspor | 30 | 33 |
17. Gaziantep FK | 30 | 31 |
18. Karagümrük | 30 | 30 |
19. Pendikspor | 30 | 29 |
20. İstanbulspor | 30 | 13 |
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1. Eyüpspor | 27 | 64 |
2. Göztepe | 27 | 56 |
3. Sakaryaspor | 27 | 47 |
4. Ahlatçı Çorum FK | 27 | 45 |
5. Kocaelispor | 27 | 45 |
6. Bodrumspor | 27 | 44 |
7. Boluspor | 27 | 43 |
8. Bandırmaspor | 27 | 41 |
9. Gençlerbirliği | 27 | 40 |
10. Erzurumspor | 27 | 37 |
11. Ümraniye | 27 | 33 |
12. Keçiörengücü | 27 | 32 |
13. Manisa FK | 27 | 31 |
14. Şanlıurfaspor | 27 | 27 |
15. Tuzlaspor | 27 | 27 |
16. Adanaspor | 27 | 27 |
17. Altay | 27 | 15 |
18. Giresunspor | 27 | 7 |
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1. Arsenal | 28 | 64 |
2. Liverpool | 28 | 64 |
3. M.City | 28 | 63 |
4. Aston Villa | 29 | 56 |
5. Tottenham | 28 | 53 |
6. M. United | 28 | 47 |
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8. Brighton | 28 | 42 |
9. Wolves | 28 | 41 |
10. Newcastle | 28 | 40 |
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13. Bournemouth | 28 | 35 |
14. Crystal Palace | 28 | 29 |
15. Brentford | 29 | 26 |
16. Everton | 28 | 25 |
17. Luton Town | 29 | 22 |
18. Nottingham Forest | 29 | 21 |
19. Burnley | 29 | 17 |
20. Sheffield United | 28 | 14 |
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1. Real Madrid | 29 | 72 |
2. Barcelona | 29 | 64 |
3. Girona | 29 | 62 |
4. Athletic Bilbao | 29 | 56 |
5. Atletico Madrid | 29 | 55 |
6. Real Sociedad | 29 | 46 |
7. Real Betis | 29 | 42 |
8. Valencia | 28 | 40 |
9. Villarreal | 29 | 38 |
10. Getafe | 29 | 38 |
11. Las Palmas | 29 | 37 |
12. Osasuna | 29 | 36 |
13. Deportivo Alaves | 29 | 32 |
14. Mallorca | 29 | 30 |
15. Rayo Vallecano | 29 | 29 |
16. Sevilla | 29 | 28 |
17. Celta Vigo | 29 | 27 |
18. Cadiz | 29 | 22 |
19. Granada | 28 | 14 |
20. Almeria | 29 | 13 |