Wallet owners with cryptocurrency in Turkey will not be able to use this payment facility from Friday to pay for goods and services in the country.
As the TASS reports, in accordance with the reasons adopted by the Central Bank, the appropriate ban entered into force on April 30.
The largest Turkish cryptobiruses BINANCE, ININAL and PAPARA on April 29 ceased operations on the removal and deposits of the Turkish lira in cryptocurrencies.
The authorities stopped the turnover cryptocurrency as directly between counterparties and through intermediaries. For this, officially registered and licensed financial platforms, services and payment systems in Turkey, working or having the opportunity to work with cryptocurrency, are deprived of the right to provide any services on settlement operations with them or develop new business models for translating funds between wallets, purchases, Storage or withdrawal cryptocurrencies in Fiat.