With the “The Law No. 7318 on the Amendment of the Tax Procedure Law and Certain Laws” published in the Official Gazette numbered 31470 on Friday, April 30, 2021, In order to prevent loss of rights due to the restrictions applied during the pandemic period, it was regulated that the execution and bankruptcy proceedings were suspended until 31 May 2021 with the presentation of the checks to the banks.
On April 16, 2021 by the Central Bank of the Republic of Turkey were published of the Regulation on the Crypto not be used in payment Assets (“Regulation”) on the Official Gazette.
“Regulation on the Establishment and Operation Principles of Savings Finance Companies” (“Regulation”) published in 07.04.2021 dated and 31447 numbered Official Gazette. The Regulation issued by the Banking Regulatory and Supervisory Agency (“BRSA”) in order to put the savings finance services offered by companies that provide interest-free financing services and the savings finance services offered by these companies in a legal framework for the participants to acquire various assets, especially housing and vehicles.
On date of 01.04.2021 Republic of Turkey Ministry of Finance and Treasury has made statement to the press. The statement is about since crypto money is used extensively in laundering proceeds of crime and financing terrorism, Financial Crimes İnvestigation Board (“MASAK”) can request information from platforms in order to prevent and monitor these crimes.
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