The Central Bank of Turkey said cryptocurrencies and other such digital assets based on distributed ledger technology could not be used, directly or indirectly, as an instrument of payment. Photo: Getty Images
The Central Bank of Turkey said cryptocurrencies and other such digital assets based on distributed ledger technology could not be used, directly or indirectly, as an instrument of payment. Photo: GetShow more

Banking

Turkey bans use of cryptocurrencies and digital money for payments

Their use may cause non-recoverable transaction losses, central bank says

Reuters

April 16, 2021

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