“Blockchain Expert Fatma Ozkul Joins Central Bank’s Crypto Committee for Regulation”

4 views 12:03 pm 0 Comments December 24, 2023

Summary

Prof. Dr. Fatma Ozkul, a specialist in blockchain technology and crypto assets, has been appointed to the Monetary Policy Committee of Turkey’s Central Bank. She has significant experience in accounting and auditing, having authored several scholarly articles on the subject. Her appointment comes as the Turkish government aims to regulate the cryptocurrency industry, with a focus on licensing and taxes.

Introduction

Prof. Dr. Fatma Ozkul, a renowned expert in blockchain technology and crypto assets, has been selected to serve on the Monetary Policy Committee of Turkey’s Central Bank. This appointment was made by President Recep Tayyip Erdogan and published in the Official Gazette of the Republic of Turkiye. Ozkul brings extensive experience in accounting and finance, having authored scholarly articles and received recognition for her book on crypto asset accounting.

Main Points

  • Ozkul is a professor at Marmara University’s Faculty of Business Administration, specializing in blockchain technology and crypto assets.
  • She has authored several scholarly articles on accounting and auditing, demonstrating her expertise in the field.
  • Ozkul is also an advisory board member of the BlockchainIST Center, further highlighting her involvement in the blockchain community.
  • The Turkish government, under President Erdogan, has been focusing on strengthening the country’s economic management team, with Ozkul’s appointment being part of this initiative.
  • In recent months, Turkey’s central bank has been tightening its monetary policy, with significant rate increases in an effort to control inflation.
  • As cryptocurrency trading gains popularity in Turkey, the government is taking steps to regulate the industry, particularly in areas such as licensing and taxation.
  • The government plans to propose a bill next year to oversee cryptocurrency assets, indicating a commitment to creating a regulatory framework for the industry.

Conclusion

Prof. Dr. Fatma Ozkul’s appointment to the Monetary Policy Committee of Turkey’s Central Bank is a significant development in the country’s efforts to regulate the cryptocurrency industry. With her expertise in blockchain technology and crypto assets, Ozkul brings valuable insights to the committee. As Turkey aims to strengthen its economic management team and control inflation, regulating the cryptocurrency market has become a priority. The government’s focus on licensing and taxes reflects its commitment to creating a comprehensive regulatory framework for the industry.

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