Bitcoin Dips as Turkey Bans Crypto Payments

[Galaxy]

Cryptocurrencies may no longer be used, directly or indirectly, for payment, said Turkey’s central bank.
Bitcoin and other cryptocurrencies have been banned as a form of payment for goods and services in Turkey, according to a notice published early today by the country’s central bank.

Bitcoin fell 2% to approximately $61,600 shortly after the announcement, which cited “irreparable” possible damages and significant risks with transactions involving cryptocurrencies. The new legislation goes into effect on April 30.
Source: https://decrypt.co/66732/bitcoin-dips-as-turkey-bans-crypto-payments