MEHMET ŞİMŞEK RECEIVED REACTION FROM CITIZENS WITH HIS STATEMENTS!!
Minister of Treasury and Finance Mehmet Şimşek stated that there is only one legal regulation regarding crypto assets left for Turkey to be removed from the gray list, and that they will present it to the Parliament in a short time.
Two years ago, the Financial Action Task Force (FATF) of the Organization for Economic Co-operation and Development (OECD) placed Turkey on the gray list, which requires stricter monitoring, because it "has deficiencies in preventing money laundering and the financing of terrorism".
Minister Şimşek answered the questions of the MPs during the discussions of the 2024 budget of his ministry at the Grand National Assembly of Turkey Plan Budget Commission.
Şimşek stated that FATF recently concluded that Turkey did not meet only one of the 40 criteria determined by the institution:
"We are doing whatever is necessary. A meeting was held within the FATF on October 27. It was underlined that there was only one item left in the action plan envisaged for our country to be removed from the gray list. I also told you about that issue; the legal regulation regarding crypto assets. I hope that as soon as possible on this issue." "We will submit the regulation to our Parliament. If there are no other political considerations, there will be no reason for our country to remain on the gray list within this framework."
