Build on Blockchain Stay Away From Crypto Gambling Turkey s Erdoğan Says

Build on Blockchain Stay Away From Crypto Gambling Turkey s Erdoğan Says

Build on Blockchain Stay Away From Crypto Gambling Turkey s Erdoğan Says HEAD TOPICS

Build on Blockchain Stay Away From Crypto Gambling Turkey s Erdoğan Says

10/21/2022 8:03:00 PM

Not necessarily known for being friendly to crypto the president' s remarks suggest an openness to at least some aspects of the industry

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CoinDesk

President of Turkey, RTErdogan, says his country seeks to build its own metaverse but it should stay away from “gambling” with crypto. By iamsandali Not necessarily known for being friendly to crypto, the president's remarks suggest an openness to at least some aspects of the industry. organized by AKP in the metaverse.“I advise our young people to take part in the change of innovations such as blockchain technology and turn to larger and more fertile channels instead of turning to crypto money gambling that has no basis,” Erdoğan said. Blockchain-based decentralized ledgersfor immutable record-keeping has the “potential to radically change existing supply chains,” he said, also noting the impact blockchain technology could have on protecting intellectual property.On the regulatory front, the president said that the country’s central bank is carrying out studies on cryptocurrencies. Read more:
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