Bitcoin se hunde tras prohibition by Turkey on payment in cryptocurrencies

Reuters.- Bitcoin depreciates by more than 4%, despite the fact that the Central Bank of Turkey prohibits the use of cryptocurrencies and assets in digital currency to make purchases, quoting a possible “irreparable” data and risks in transactions, in an unusual position drastica ante the virtual market.

In a leaflet published this Wednesday in the Regional Diary of the Netherlands, the Central Bank said that cryptocurrencies and other digital assets based on the most advanced technology distribution would not be used, directly or indirectly, in the payment of food and services .

Turkey’s cryptocurrency market has been booming for some time now, as investors’ sums up in the global bitcoin boom, pushing for the depreciation of the lira and a 16% increase in inflation this month. .

The bitcoin lost 4.67%,’n $ 60,466.06, at 6:34 hours, Mexico time, very close to the veto, which was criticized by the main party of the Turkish opposition. Otras monedas digitales como el etéreum y el XRP, which is ten times a reaction en bloque, is with retrospective 5% y 8%.

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In its communication, the central bank says that digital assets “are not subject to any regulation or to the supervision mechanisms of any central regulatory authority”, among other huge issues.

This week Royal Motors, which distributes Rolls-Royce and Lotus engines in Turkey, is converting it first in the country to accept cryptocurrencies.

Of all the ways, cryptocurrencies are the most widely used in local commerce, while some are among the most popular among global industries, even though Apple, Amazon and Expedia are accepting them as mid-term.

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Strict regulatory actions on cryptocurrencies are rare in the world and the Mayor of Economic Principles has agreed to enact the norms. Operators say they veto as Turkey its implementation difficulties given that the markets have ignored the previous rules.

The cryptocurrencies trading volume in Turkey alcanzaron 218,000 million lira (27,000 million dollars) since February February has reached March 24, more than 7,000 million lira in the same period 2020, according to data from the company Estadounidense Chain analysis by Reuters.

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