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Author Topic: Turkey Bans Use of Cryptocurrencies for Payments  (Read 699 times)

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Turkey Bans Use of Cryptocurrencies for Payments
« on: April 18, 2021, 03:08:03 AM »
The Central Bank of the Republic of Turkey has banned the use of cryptocurrencies for payments, according to Resmi Gazetethe, the official newspaper of the Turkish government. The ban will take effect on Apr. 30. 

The report states that payment service providers are also prohibited from incorporating digital assets into their business models “directly or indirectly.”

This comes after PayPal made an announcement about bringing crypto purchases to millions of merchants worldwide.source

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Turkey Bans Use of Cryptocurrencies for Payments
« on: April 18, 2021, 03:08:03 AM »

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