Turkey President Recep Erdogan Names Crypto Expert To Central Bank MPC
Turkey President Recep Tayyip Erdogan appointed crypto and blockchain Prof. Dr. Fatma Ozkul to the list of crypto experts. Fatma Özkul, who teaches about crypto assets and blockchain technology, was officially appointed as a member of the Monetary Policy Committee of the Central Bank of the Republic of Turkey.
Turkey President Appoints Fatma Ozkul To Central Bank MPC
Fatma Özkul has been appointed to the Central Bank of the Republic of Turkey’s (TCMB) Monetary Policy Committee as announced in the Official Gazette of the Republic of Türkiye.
Özkul is a faculty member at Marmara University Faculty of Business Administration, Department of Accounting and Finance, and has many academic publications in the fields of accounting and auditing. She is also the advisory board member of BlockchainIST Center.
Özkul also wrote the books “Fraud Risk Management in Businesses“, “Accounting Practices in Retail Businesses“, as well as the book “Crypto Asset Accounting“, which was awarded the “best finance and economics book of the year” award in 2023.
President Erdogan created a new economy management team after his general election victory in May. He appointed ex-Goldman Sachs Group Inc. banker Hafize Gaye Erkan as Governor of the central bank in June. Turkey’s central bank has raised policy rates by 3,400 basis points to 42.5% this week, continuing its monetary policy tightening after Erdogan replaced three MPC members in July.
The Turkish government continuing efforts to regulate crypto in the country as crypto trading picks pace amid high inflation. The new rules to regulate the crypto market are likely to focus on licensing and taxation. The government expects to submit a draft law to regulate crypto assets next year.
The fourth-largest country in crypto trading is actively seeking ways to get off the Financial Action Task Force (FATF) gray list.
Also Read: Crypto Billionaire Arthur Hayes: TradFi’s Spot Bitcoin ETF Pursuit Will Kill Bitcoin
- Veteran Trader Peter Brandt Says “MSTR Could Go Underwater” If Bitcoin Repeats 1977 Soybean Crash
- BSC Meme Season Ends as PumpFun Surpasses Four Meme Amid $8M Inflows
- ProShares Files for Index Crypto ETF Tracking Bitcoin, Ethereum, XRP, and Solana
- Trump Says Meeting with China May Not Happen, Bitcoin Drops
- The Great Rotation? Bitcoin Rises as Gold Sees Largest Daily Drop Since 2013
- Chainlink Price Eyes $27 Rebound as Whales Accumulate 54M LINK
- Pi Network Price Wedge Signals a Rebound as Key Upgrades Raise Utility Hopes
- Solana Price Eyes $240 Recovery as Gemini Launches SOL-Reward Credit Card
- XRP Price Prediction Amid Evernorth’s $1B XRP Treasury Plan – Can XRP Hit $5?
- Ethereum Price Targets $8K Amid John Bollinger’s ‘W’ Bottom Signal and VanEck Staked ETF Filing
- Pi Coin Price Eyes 50% Upswing As AI-Powered App Studio Update Ignites Optimism
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
