Turkey's Central Bank Weighs In on Bitcoin Energy Concerns as Regulation Looms

[Galaxy]

A report submitted to the Turkish Parliament by the Central Bank of Turkey gives insights into the bank's concerns about Bitcoin and other cryptocurrencies. The Central Bank of Turkey, which is currently working with the other government agencies on the country’s forthcoming crypto regulations, has submitted a report to the Turkish Parliament detailing its views on crypto.

And, in a first for a Turkish government agency, the central bank is sounding the alarm regarding the environmental impact of Bitcoin, echoing many of the same concerns recently expressed by the government of China. Source