Does Turkey Ban Payment Channels Like Bitcoin, Ethereum, Ripple?

Sabah.com.tr’s “Total war is starting!” dated 04.07.2017 The article titled “Payment channels such as Turkey, Bitcoin, Ethereum, Ripple will be blocked” was mentioned in an article.. This statement caused the question of whether Turkey bans payment methods with digital currencies on social media.

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Total war is starting! Those who enter those sites will be severely punished

As part of the action plan, those who access online gambling sites will be severely punished.. A special team headed by the public prosecutor will be the brain team in the fight.

After President Recep Tayyip Erdoğan’s call to fight drugs, the button was pressed for both illegal betting and gambling and an all-out war.. The government has prepared a 2-year action plan to combat illegal gambling and betting, which has caused the breakdown of thousands of families, extinguished the future of young people, as well as harming the country’s economy.. Here are 16 headlines;

• Revenues of the organizers will be confiscated.
• Gambling properties will be sealed.
• Advertisements encouraging gambling will be banned.

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• Gambling money cannot be sent by wire transfer or EFT.
• Debit card, credit card cannot be used in illegal money transfer.
• Access to encouraging sites.
• Public prosecutor for investigations A special team will be established under the chairmanship of the President.
• Cafes that allow access to gambling sites will be severely punished.
• Payment channels such as bitcoin, ethereum, ripple will be blocked.
• Anyone entering the betting site will receive a warning message.
• Sites that make advertisements will be closed to access.
• A notification system will be set up.
• Search engines will be monitored and access will be slowed.
• Penalties-sanctions will increase.
• Posters will be hung everywhere, especially in cafes.
• Young people and children will be educated.

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Ministry of Interior, Justice, Finance With the action plan to be carried out jointly by the Financial Crimes Investigation Agency (MASAK), the Revenue Administration and the Police, illegal structures and organizations will be prevented from gaining power and wealth.. Under the chairmanship of the public prosecutor, under the coordination of the Ministry of Justice and including representatives of institutions such as MASAK, BDDK, GİB, BTK, a team will be the brain team of the struggle.
MASAK and BDDK will undertake the process of preventing money transfers in gambling.. BRSA will also take measures on the use of credit cards. Information Technologies and Communication Authority will undertake the task of blocking access to sites where gambling is advertised.

Sabah

As it can be understood from the news, in addition to extinguishing the future of young people, which led to the breakdown of thousands of families, the country Prepared a 2-year action plan to combat illegal gambling and betting, which also harms its economy.. Within the framework of this action plan, it is among the articles that payments that can be made in the form of crypto money transfers to illegal gambling and betting sites will be prevented.. There are no restrictions on crypto money transfers or its use as a payment method.

Although there is no legal regulation about the crypto money sector in our country, a research report made by the CMB in December 2016 is our country’s view on the crypto money sector. clearly shows the angle. In addition, the Eurasian Blockchain and Digital Currency Research Association was established in Istanbul, enabling our country to take another step in the field of Blockchain.

Tim Draper: Only Cryptocurrencies Will Be Used in 5 Years