Turkey’s central bank announced that due to the lack of central supervision of virtual currencies, and the temporary absence of a regulatory mechanism for digital assets, so since April 30, the use of virtual currencies directly or indirectly to buy goods or services, the news impacted the cryptocurrency market, bitcoin (bitcoin) from the high back down, had fallen more than 4%, low to $ 60,033; ethereum also fell more than 3%, low to $ 2328.
However, Dogecoin (Dogecoin) continued to rise, rising more than 2 times in the past 24 hours to a high of $ 0.45.
Turkey said the market value of virtual currencies is quite volatile, digital wallets can be stolen, or illegal matters, and the transactions can not be reversed. Turkey last week called for an investigation into virtual currency holdings, and now prohibits transactions through virtual currencies, but the regulations do not mention the deposit component.
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