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ASI Alliance Launch Event Today in Antalya. ๐คฉ๐ฅณ
The Artificial Superintelligence Alliance (ASI) is hosting a launch event today in Antalya, Turkey to celebrate the upcoming ASI Token merger and the formation of the Alliance. Attendees can network with teams and discuss the future of decentralized AI.
Join this landmark event!
#ASI #AI #ASILAUNCH #Antalya #Turkey
The Artificial Superintelligence Alliance (ASI) is hosting a launch event today in Antalya, Turkey to celebrate the upcoming ASI Token merger and the formation of the Alliance. Attendees can network with teams and discuss the future of decentralized AI.
Join this landmark event!
#ASI #AI #ASILAUNCH #Antalya #Turkey
Turkey Exits FATF Grey List: A New Era for the Financial Systemy. ๐น๐ท
The Financial Action Task Force (FATF) announced on June 28, 2024, that it has removed Turkey from the grey list due to its success in combating money laundering and terrorist financing. This decision marks a significant victory resulting from efforts since 2021.
๐Meaning and Effects of the Decision
The Ministry of Treasury and Finance emphasizes that this development will strengthen confidence in the financial system and facilitate the achievement of economic goals. Additionally, it aims to increase the capacity of relevant institutions, especially MASAK (Financial Crimes Investigation Board).
Vice President Cevdet Yฤฑlmaz states that the decision will accelerate the inflow of international resources, reduce borrowing costs, and positively affect both the financial and real sectors. According to Yฤฑlmaz, capital flow will increase, interest in the Turkish lira will strengthen, and the disinflation process will gain momentum.
๐FATF Evaluations
In FATF's decision text, Turkey's progress in areas such as financial intelligence, supervision, investigation, asset recovery, and counter-terrorism is detailed. Supervision of non-profit organizations and the implementation of UN sanctions are also notable developments.
๐A Secure Step for Turkey
Turkey's exit from the grey list is seen as a significant step that will enhance its reliability in the international financial system and contribute to its economic stability. This situation may help attract more capital to the country by increasing investor confidence.
The statements from the Ministry of Treasury and Finance and Vice President Cevdet Yฤฑlmaz's evaluations indicate that this decision will provide long-term benefits for Turkey.
#FATF #Turkey #Mehmetลimลek #CevdetYฤฑlmaz #MASAK
The Financial Action Task Force (FATF) announced on June 28, 2024, that it has removed Turkey from the grey list due to its success in combating money laundering and terrorist financing. This decision marks a significant victory resulting from efforts since 2021.
๐Meaning and Effects of the Decision
The Ministry of Treasury and Finance emphasizes that this development will strengthen confidence in the financial system and facilitate the achievement of economic goals. Additionally, it aims to increase the capacity of relevant institutions, especially MASAK (Financial Crimes Investigation Board).
Vice President Cevdet Yฤฑlmaz states that the decision will accelerate the inflow of international resources, reduce borrowing costs, and positively affect both the financial and real sectors. According to Yฤฑlmaz, capital flow will increase, interest in the Turkish lira will strengthen, and the disinflation process will gain momentum.
๐FATF Evaluations
In FATF's decision text, Turkey's progress in areas such as financial intelligence, supervision, investigation, asset recovery, and counter-terrorism is detailed. Supervision of non-profit organizations and the implementation of UN sanctions are also notable developments.
๐A Secure Step for Turkey
Turkey's exit from the grey list is seen as a significant step that will enhance its reliability in the international financial system and contribute to its economic stability. This situation may help attract more capital to the country by increasing investor confidence.
The statements from the Ministry of Treasury and Finance and Vice President Cevdet Yฤฑlmaz's evaluations indicate that this decision will provide long-term benefits for Turkey.
#FATF #Turkey #Mehmetลimลek #CevdetYฤฑlmaz #MASAK
At the event where corporate people were guests, they gave great information about ASI and I became even more convinced of how amazing artificial intelligence is. ๐ฅ๐ฅ๐ฅ
Who knows, maybe I'll do an interview. ๐
#ASI #AI #ASILAUNCH #Antalya #Turkey
Who knows, maybe I'll do an interview. ๐
#ASI #AI #ASILAUNCH #Antalya #Turkey
LIVE
davut1karabulut
--
I can say that the ASI Alliance Launch event held in Digiversede is the best event held in the artificial intelligence category. Everything, both the venue and the guests, was planned perfectly.
#ASI #AI #ASILAUNCH #Antalya #Turkey $OCEAN $FET $AGIX
#ASI #AI #ASILAUNCH #Antalya #Turkey $OCEAN $FET $AGIX
๐น๐ท๐ฅBreaking News: Cryptocurrency law in #Turkey was passed by the Parliament and became law
The Draft Law on Regulations on Crypto Assets, which allows amendments to the Capital Markets Law, was accepted by the General Assembly of the Turkish Grand National Assembly and became law.
The new regulation regarding the cryptocurrency market, which has become an important investment tool in recent years, was accepted at the General Assembly of the Turkish Grand National Assembly.
With the regulation, legal forms that caused harm were eliminated.
SPK was given broad authority
With the new law, capital conditions were introduced for service providers. Thus, both investors will be protected and a series of sanctions can be imposed on service providers. In addition to cryptocurrency, how it is established and how it is defined is also regulated by law.
According to the regulation, permission will be obtained from service provider organizations and the Capital Markets Board.
SPK is authorized for the issuance, sale and distribution of crypto assets. All transfer records will be recorded.
12 million people have accounts
12 million people have balance accounts in the capital market.
Platforms that meet the conditions will be authorized by law and banks will also need to obtain a custody license.
Tight control of the crypto market
The regulation also established penalties for market fraud, market distortions and misuse of information.
It is expected that administrative fines of between 246 thousand liras and 6 million liras will be imposed on those who engage in destructive behavior in the market.
#BTC #binance #Bitcoin
The Draft Law on Regulations on Crypto Assets, which allows amendments to the Capital Markets Law, was accepted by the General Assembly of the Turkish Grand National Assembly and became law.
The new regulation regarding the cryptocurrency market, which has become an important investment tool in recent years, was accepted at the General Assembly of the Turkish Grand National Assembly.
With the regulation, legal forms that caused harm were eliminated.
SPK was given broad authority
With the new law, capital conditions were introduced for service providers. Thus, both investors will be protected and a series of sanctions can be imposed on service providers. In addition to cryptocurrency, how it is established and how it is defined is also regulated by law.
According to the regulation, permission will be obtained from service provider organizations and the Capital Markets Board.
SPK is authorized for the issuance, sale and distribution of crypto assets. All transfer records will be recorded.
12 million people have accounts
12 million people have balance accounts in the capital market.
Platforms that meet the conditions will be authorized by law and banks will also need to obtain a custody license.
Tight control of the crypto market
The regulation also established penalties for market fraud, market distortions and misuse of information.
It is expected that administrative fines of between 246 thousand liras and 6 million liras will be imposed on those who engage in destructive behavior in the market.
#BTC #binance #Bitcoin
Turkish Grand National Assembly passed a bill regulating crypto assets, making it law.
The amendments to the Capital Markets Law, adopted by the Grand National Assembly of Turkey (TBMM) General Assembly, bring new breath to the world of crypto assets. The law clearly defines wallet and crypto asset concepts while expanding the powers of the Capital Markets Board (SPK).
๐ช Summary of the New Regulations:
๐นTechnology-Focused Management: Crypto service providers must have the technological infrastructure and information systems determined by TรBฤฐTAK before starting their activities.๐นCooperation with the Banking Sector: SPK will cooperate with the Banking Regulation and Supervision Agency (BDDK) on regulations concerning the banking sector.๐น Investor Security: Crypto assets will not be subject to investor compensation provisions.* Audit and Transparency: The financial and information systems of crypto service providers will be audited by independent audit institutions determined by SPK.๐น Rapid Intervention: SPK will be able to temporarily suspend the activities of crypto service providers in certain situations.๐น Activities on the Internet: SPK will have the authority to remove content or block access against unauthorized capital market activities.๐น Compliance with Legal Requests: Legal requests regarding cash and crypto assets belonging to customers will be fulfilled by crypto service providers.
๐ช Deterrent Penalties and New Revenue Models:
๐น Severe Penalties: Unauthorized crypto service providers may face 3-5 years in prison and judicial fines of 5,000-10,000 days.๐น Revenue Sharing: 1% of the annual revenue of platforms will be transferred to SPK, and another 1% to TรBฤฐTAK.๐น Embezzlement Crime: Those committing embezzlement will be punished with 8-14 years in prison and a judicial fine of 5,000 days.
๐ช Responsibilities Brought by the New Regulations:
๐น Activity Permission and Liquidation: Crypto service providers must take the necessary steps within certain periods to obtain operating permission or initiate the liquidation process.๐น Overseas Activities: Crypto service providers based abroad must terminate their activities in Turkey within three months of the law's enactment.
#SPK #TCMB #tรผrkiye #Turkey #TurkeyCryptoLaw
๐ช Summary of the New Regulations:
๐นTechnology-Focused Management: Crypto service providers must have the technological infrastructure and information systems determined by TรBฤฐTAK before starting their activities.๐นCooperation with the Banking Sector: SPK will cooperate with the Banking Regulation and Supervision Agency (BDDK) on regulations concerning the banking sector.๐น Investor Security: Crypto assets will not be subject to investor compensation provisions.* Audit and Transparency: The financial and information systems of crypto service providers will be audited by independent audit institutions determined by SPK.๐น Rapid Intervention: SPK will be able to temporarily suspend the activities of crypto service providers in certain situations.๐น Activities on the Internet: SPK will have the authority to remove content or block access against unauthorized capital market activities.๐น Compliance with Legal Requests: Legal requests regarding cash and crypto assets belonging to customers will be fulfilled by crypto service providers.
๐ช Deterrent Penalties and New Revenue Models:
๐น Severe Penalties: Unauthorized crypto service providers may face 3-5 years in prison and judicial fines of 5,000-10,000 days.๐น Revenue Sharing: 1% of the annual revenue of platforms will be transferred to SPK, and another 1% to TรBฤฐTAK.๐น Embezzlement Crime: Those committing embezzlement will be punished with 8-14 years in prison and a judicial fine of 5,000 days.
๐ช Responsibilities Brought by the New Regulations:
๐น Activity Permission and Liquidation: Crypto service providers must take the necessary steps within certain periods to obtain operating permission or initiate the liquidation process.๐น Overseas Activities: Crypto service providers based abroad must terminate their activities in Turkey within three months of the law's enactment.
#SPK #TCMB #tรผrkiye #Turkey #TurkeyCryptoLaw
World Bank's Updated Forecasts and Key Highlights on the Turkish Economy. ๐๐น๐ท
Humberto Lopez, the World Bank's Country Director for Turkey, has attracted attention with his latest assessments of the Turkish economy. Lopez praised the progress in fighting inflation and hinted that growth forecasts could be revised upwards.
๐ Inflation and Growth: A New Era?
Lopez agreed with Minister ลimลek and Central Bank Governor Karahan's view that inflation has peaked, painting a positive picture. The high growth figures for the first quarter might lead to a reassessment of the 2024-2025 growth forecasts. However, concerns about the balanced distribution of growth were also voiced.
๐ Tax Reform: Expectations and Realities
Responding to questions about tax reform, Lopez appreciated the administration's efforts to improve the tax system. However, he noted that they had not yet seen the details of the reform, making it difficult to comment.
๐ Wage Increases and Poverty: A Double-Edged Sword
The World Bank's report indicated that wage increases could reduce poverty in the short term, but inequality in growth might overshadow this effect. Lopez highlighted Turkey's success in reducing poverty over the past two decades, but noted that the shrinking agricultural sector and high inflation have increased inequality.
๐ Macroeconomic Policies and Structural Reforms: Moving Forward Together
Lopez believes that reducing inflation will have positive effects on growth and income inequality, but emphasized that structural reforms should not be neglected. He particularly stressed the importance of education and labor market reforms.
๐ Investment Environment and Future Outlook: Is There a Ray of Hope?
Addressing questions about the stability of the Turkish lira and the investment environment, Lopez expressed confidence in the Central Bank's policies and considered Turkey an attractive country for long-term investments.
#WorldBank #Turkey #tรผrkiye #inflation #TurkishLira
Humberto Lopez, the World Bank's Country Director for Turkey, has attracted attention with his latest assessments of the Turkish economy. Lopez praised the progress in fighting inflation and hinted that growth forecasts could be revised upwards.
๐ Inflation and Growth: A New Era?
Lopez agreed with Minister ลimลek and Central Bank Governor Karahan's view that inflation has peaked, painting a positive picture. The high growth figures for the first quarter might lead to a reassessment of the 2024-2025 growth forecasts. However, concerns about the balanced distribution of growth were also voiced.
๐ Tax Reform: Expectations and Realities
Responding to questions about tax reform, Lopez appreciated the administration's efforts to improve the tax system. However, he noted that they had not yet seen the details of the reform, making it difficult to comment.
๐ Wage Increases and Poverty: A Double-Edged Sword
The World Bank's report indicated that wage increases could reduce poverty in the short term, but inequality in growth might overshadow this effect. Lopez highlighted Turkey's success in reducing poverty over the past two decades, but noted that the shrinking agricultural sector and high inflation have increased inequality.
๐ Macroeconomic Policies and Structural Reforms: Moving Forward Together
Lopez believes that reducing inflation will have positive effects on growth and income inequality, but emphasized that structural reforms should not be neglected. He particularly stressed the importance of education and labor market reforms.
๐ Investment Environment and Future Outlook: Is There a Ray of Hope?
Addressing questions about the stability of the Turkish lira and the investment environment, Lopez expressed confidence in the Central Bank's policies and considered Turkey an attractive country for long-term investments.
#WorldBank #Turkey #tรผrkiye #inflation #TurkishLira
๐ฅ๐ฅRichard Teng revealed: Binance aided BtcTurk hack investigation and froze $5.3 million in 'stolen funds'
Cryptocurrency exchange Binance assisted in the investigation of a malicious attack on Turkish crypto exchange BtcTurk and more than $5 million in stolen funds were frozen, according to Binance CEO #RichardTeng
โBinance is assisting BtcTurk with investigations and has frozen more than $5.3 million in stolen funds so far,โ Teng said in an X post dated June 22.
#BtcTurk which has more than 5 million users according to its website, stated that the attack primarily affected assets in hot wallets, which are software-based crypto wallets connected to the internet. While hot wallets are more efficient with frequent transactions, they are more vulnerable to malicious hackers compared to offline cold storage.
A Google translation of BtcTurk's June 22 statement stated, "While only a portion of the balances of 10 cryptocurrencies in our hot wallets were affected by this cyber attack, the vast majority of assets held in our cold wallets remained safe."
Meanwhile, Teng informed his 299,800 X followers that Binance will provide any updates once the research team learns more.
โOur investigations and security teams are working around the clock as part of our proactive efforts to protect the ecosystem from bad actors. โWe will provide further updates as they become available,โ Teng said.
Binance gets praise as bad actors continue to attack crypto exchanges
This comes after Blockchain researcher ZackXBT praised Binance for its efforts to help the broader community during security incidents.
#binance #Turkey
Cryptocurrency exchange Binance assisted in the investigation of a malicious attack on Turkish crypto exchange BtcTurk and more than $5 million in stolen funds were frozen, according to Binance CEO #RichardTeng
โBinance is assisting BtcTurk with investigations and has frozen more than $5.3 million in stolen funds so far,โ Teng said in an X post dated June 22.
#BtcTurk which has more than 5 million users according to its website, stated that the attack primarily affected assets in hot wallets, which are software-based crypto wallets connected to the internet. While hot wallets are more efficient with frequent transactions, they are more vulnerable to malicious hackers compared to offline cold storage.
A Google translation of BtcTurk's June 22 statement stated, "While only a portion of the balances of 10 cryptocurrencies in our hot wallets were affected by this cyber attack, the vast majority of assets held in our cold wallets remained safe."
Meanwhile, Teng informed his 299,800 X followers that Binance will provide any updates once the research team learns more.
โOur investigations and security teams are working around the clock as part of our proactive efforts to protect the ecosystem from bad actors. โWe will provide further updates as they become available,โ Teng said.
Binance gets praise as bad actors continue to attack crypto exchanges
This comes after Blockchain researcher ZackXBT praised Binance for its efforts to help the broader community during security incidents.
#binance #Turkey
๐จ๐จ๐จBREAKING: Turkey's largest crypto exchange, BtcTurk, hacked!
$51 million stolen in cyber attack
Exchange says user assets are safe, but deposits and withdrawals halted
Investigation underway, security authorities notified
Turkey is the 4th largest crypto trading market in the world
Cryptocurrency use surged in Turkey after 2020 to defend against lira's slide
Founder of another Turkish crypto exchange, Thodex, jailed last year for 11,196 years for exit scam
Stay safe, crypto friends!
#BtcTurk #TurkeyCryptoRegulation
#Hacked #Turkey
$51 million stolen in cyber attack
Exchange says user assets are safe, but deposits and withdrawals halted
Investigation underway, security authorities notified
Turkey is the 4th largest crypto trading market in the world
Cryptocurrency use surged in Turkey after 2020 to defend against lira's slide
Founder of another Turkish crypto exchange, Thodex, jailed last year for 11,196 years for exit scam
Stay safe, crypto friends!
#BtcTurk #TurkeyCryptoRegulation
#Hacked #Turkey
Turkey Eyes Crypto Tax for Post-Quake Recovery. ๐น๐ท๐
Amidst post-earthquake economic strain, Turkey considers taxing crypto transactions to bridge a budget deficit of 6.4% of its GDP. This new tax could generate $7 billion, making it a significant fiscal tool for the country.
Proposal Highlights:
๐น15% tax on multinational firms' earnings ๐นMinimum tax on real estate profits
๐น0.03% tax on all crypto transactions
This sweeping tax reform targets various sectors, including the thriving crypto market, where over half of Turkish adults invest in digital assets.
Impact on Crypto Investors
The proposed tax could impact the growing number of Turkish crypto users, particularly women, who are increasingly participating in the market.
Outlook:
Turkey's Ministry of Treasury and Finance hopes this new tax will stabilize the economy and fund recovery efforts. However, the potential impact on the crypto market and its investors remains to be seen.
#tรผrkiye #Turkey #cryptotax #TurkishLira #Mehmetลimลek
Amidst post-earthquake economic strain, Turkey considers taxing crypto transactions to bridge a budget deficit of 6.4% of its GDP. This new tax could generate $7 billion, making it a significant fiscal tool for the country.
Proposal Highlights:
๐น15% tax on multinational firms' earnings ๐นMinimum tax on real estate profits
๐น0.03% tax on all crypto transactions
This sweeping tax reform targets various sectors, including the thriving crypto market, where over half of Turkish adults invest in digital assets.
Impact on Crypto Investors
The proposed tax could impact the growing number of Turkish crypto users, particularly women, who are increasingly participating in the market.
Outlook:
Turkey's Ministry of Treasury and Finance hopes this new tax will stabilize the economy and fund recovery efforts. However, the potential impact on the crypto market and its investors remains to be seen.
#tรผrkiye #Turkey #cryptotax #TurkishLira #Mehmetลimลek
๐น๐ทArda Gรผler, the first teenager to score on his Euros debut since Cristiano Ronaldo in 2004โจ
TUR 3๏ธโฃ - 1๏ธโฃ GEO
#ardaguler #Turkey #CR7
TUR 3๏ธโฃ - 1๏ธโฃ GEO
#ardaguler #Turkey #CR7
๐ข Our brothers and sisters in Turkey ๐น๐ท need our support!! Donate as much as you can
Thankyou @BinanceBCF for this initiative.
#Turkey #Binance #crypto2023 #charity
Thankyou @BinanceBCF for this initiative.
#Turkey #Binance #crypto2023 #charity
#Binance stands with Turkey ๐น๐ท๐
#Binance decided who was affected by the earthquake in #Turkey region. Binance will airdrop 100 USD (1883 TRX) in BNB.
#TurkeyEarthquakeRelief
#BinanceCharity
#Binance decided who was affected by the earthquake in #Turkey region. Binance will airdrop 100 USD (1883 TRX) in BNB.
#TurkeyEarthquakeRelief
#BinanceCharity
We are stronger Together With #Turkey ๐ช
Keep Supporting your Brothers and other needy people With your hearts๐ฅ
It's time for Turkey to assist and help Earth Quack's Victims๐๐ฏ
#crypto2023 #Binance #earthquake
Keep Supporting your Brothers and other needy people With your hearts๐ฅ
It's time for Turkey to assist and help Earth Quack's Victims๐๐ฏ
#crypto2023 #Binance #earthquake
