Turkey collapsed Bitcoin’s price

The cost of Bitcoin collapsed, the CoinmarketCap portal data is evidenced, which analyzes the information from the largest cryptocurrency exchanges. This happened due to the decision of the Turkish authorities to prohibit settlements in cryptocurrencies in the country. On April 16, one Bitcoin cost 61.6 thousand dollars, losing more than 2.5 percent, transfers Lenta.

Recall that the central bank of Turkey has banned the use of cryptocurrency for the purchase of goods and services from April 30. The regulator explained that cryptoacivals carry large risks and are not regulated in any way. In addition, they pointed to the bank, their market value is excessively volatile, they are anonymous and can be used for illegal activities.

“cryptocurrency cannot be used in payments directly or indirectly. Such services cannot be offered,” Rental Turkish Central Bank.