Turkey plans to introduce rules for the cryptocurrency industry, aiming to protect users while promoting innovation

According to CoinDesk, Turkey is preparing a comprehensive regulatory plan for the cryptocurrency industry, aiming to protect users while promoting innovation in the sector.

Ömer Ileri, responsible for information and communication technology in Turkey's ruling party, stated that conducting "legal research" on crypto assets is crucial for consumer protection and fostering innovation in the field. Turkey has grand plans in various technological areas such as blockchain and artificial intelligence. In January of this year, Turkish Finance Minister Mehmet Şimşek mentioned that the government has nearly completed technical research on cryptocurrency legislation.