Turkey to ban cryptocurrencies for buying goods, services

Turkey to ban cryptocurrencies for buying goods, services

3 years ago
Anonymous $4BDEsVAtYS

https://apnews.com/1c7a8fed08bd9cbb1211bfdee66fcd88

ANKARA, Turkey (AP) — Turkey’s central bank is banning the use of cryptocurrencies such as bitcoin in payments for goods and services, according to a decision published in the country’s Official Gazette on Friday.

The decision comes as many in Turkey have turned to cryptocurrencies to shield their savings from rising inflation and the Turkish currency’s slump.