Crypto Scandal: Turkey Bans Use Of Digital Assets; “Brains And Capital Will Leave” The Country | CryptoGazette - Cryptocurrency News
Turkey made a move that has a lot of crypto enthusiasts fuming. PlanB noted the following message on Twitter.
Cancelled my sailing holiday to Turkey. If this is how Turkey government treats property rights and steals from its own citizens, I can only imagine how Turkey government treats tourists (especially tourists that own BTC! airport checks etc). Brains and capital will leave Turkey. https://t.co/HL7EP8zhcA
— PlanB (@100trillionUSD) April 16, 2021
Someone commented: “It’s going to crash the citizenship by investment program propping up their useless property market. Dumb and dumber. Shame as Turkey has the best sailing in the world.”
PlanB also said: “Absolutely dumb and dumber indeed. And just now property markets are adopting bitcoin worldwide. Dubai has excellent citizenship by investment program and is crypto-friendly. Turkey vs Dubai .. easy choice. Turkey just shot itself in the foot and will pay dearly.”
Another commenter said: “Why do you think the EU won’t let them join. You only need to read the reasons why. Corruption, human rights, the list goes on and on there not and have not really tried to get closer to the EU even though some will say they have. the treatment of the Kurds as well. They’re a mess.”
You can check out the complete thread.
The crypto space is booming
Earlier today, we were revealing that the crypto space is exploding.
Other than this, the cyrpto space has been gaining popularity these days and most important digital assets are hitting new ATHs.
More than that, Bitcoin and crypto adoption has been one of the main goals that the crypto industry has set.
Bitcoin and the digital assets are exploding in price and the adoption is going amazing with all kinds of moves being made in this direction on a daily basis.
There have been a lot of moves made in this direction, and they continue. Stay tuned for more news.
Back to the list