Turkish President announced the fight against cryptocurrency

Turkish President Recep Erdogan said at a meeting with students that the country is waging a separate war and fight against cryptocurrencies.

According to the authorities and the Central Bank of Turkey, the country has no plans to regulate the spread of private digital assets, moreover, their use will be blocked in every way. The country plans to continue to use only its own currency.

Earlier, the Turkish Central Bank banned the use of cryptocurrencies as a means of payment. This information is from community cryptodefix.com. It criticized Bitcoin for its environmental damage, volatility risks, anonymity and lack of control and oversight.