According to Arab Net, head of the Turkish Information Association, Him al-Tabah said that experts from the Central Bank and the Turkish Scientific and Technological Research Authority worked for a formal digital currency based on the country's currency and possessed a significant physical interview with the possibility of trading and selling in regular money markets, Considering that is very important to develop the Turkish digital economy.
In statements that digital currencies and encrypted currencies have great advantages, there are no traditional currencies, as well as the ability of those currencies to harmonize with digital techniques and innovative structures, which attracts investors' attention, according to the Middle East newspaper.
He said: in recent months, a significant increase in investments, or in conducting financial operations using digital currencies, particularly (Petquin) and (Ethernet), in conjunction with the rapid digital transformations of the world, increasing investors in digital currencies in day.
He pointed out there for more than 3,500 digital currencies for sale and purchase on non-governmental platforms, and these platforms are known as digital stock exchanges, and have no central structure, stressing that all transactions related to this platform are done without intermediaries.
In digital stock exchanges, there are no regulatory institutions similar to the Capital Capital Market and Banking and Banking Control, as in traditional stock exchanges, this reason, there is no authority for persons asylum when implementing false or prey factors for fraudulent transactions .
He noted that there was no integrated legislation anywhere in the world on digital currencies, but work on formulating such legislation is under way in many countries.
