Borsa İstanbul issues crypto money under the name ‘BISTcoin’

Board of Directors of Borsa İstanbul and Deputy Chairman of Turkey Wealth Fund (TVF) Himmet Karadağ made striking statements regarding cryptocurrencies.

In an interview with Reuters the previous day, Karadağ explained Borsa İstanbul’s future plans announced that the exchange is working to issue its own crypto currency.

Montenegro said the following regarding cryptocurrencies:

‘The Exchange can be traded in Istanbul’

“Cryptocurrencies can be traded on Borsa Istanbul, but current cryptocurrencies are not. Existing coins are open to manipulation as there is no underlying asset.”

‘We are working to issue our own cryptocurrency’

“We are working on cryptocurrencies that will use blockchain technology and have an underlying asset . Its name may be BISTcoin”

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