Erdogan Current Affairs, GK & News

Turkey bans Crypto Currency payments

The Bitcoin currency tumbled more than 4% after the Central Bank of Turkey banned the use of Crypto currencies and crypto assets for purchases. The bank cited possible irreparable damages and transaction risks as the reason for the ban. The ban followed actions of Morocco in banning the currency and is expected to be implemented ..

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Turkey’s New bill to monitor civil society groups

The Turkish Parliament recently passed the act called “Preventing Financing of Proliferation of Weapons of Mass Destruction”. The bill would increase the monitoring of civil society groups. About the Bill The bill was passed following the 2019 report on Turkey prepared by the Intergovernmental body Financial Action Task Force (FATF). The FATF fights money laundering ..

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