The Banking Regulation and Supervision Agency (BDDK) granted permission to AkÖde Elektronik Money and Payment Services, a subsidiary of Akbank, to issue cryptocurrencies and provide payment services.
Established by Akbank with a capital of 12 million dollars, the company had been waiting for approval from the BRSA for a while. This permission has been granted and the way to transfer crypto money and offer crypto money payment services with the AkÖde platform has been completely opened.
With the agreement signed with Ripple last year, Being the first bank to integrate Blockchain technology into its systems, Akbank has thus become one of the leading names in the crypto money industry in Turkey.
Unlike TROY, the current domestic payment system of this system, payment by electronic money is included. We will also see the use of the Blockchain system.
It is possible to see that crypto money and Blockchain technology have started to spread rapidly in Turkey, both from statements from the government and from the initiatives of companies. It is predicted that more breakthroughs will be made in these sectors from Turkey in the coming period.
You can learn the latest developments in Turkey regarding blockchain and cryptocurrencies at https://hostagons.com//etiket/turkiye.