The Turkish Financial Technologies Assembly was established within the body of the Union of Chambers and Commodity Exchanges of Turkey (TOBB). Figopara Founder and General Manager Koray Bahar was elected as the chairman of this assembly. While all the stakeholders of the financial ecosystem will take part in the assembly, cryptocurrencies will also be on the agenda.

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The election meeting of the newly established FİNTEK Assembly was held under the chairmanship of TOBB Board Member Mahmut Özgener. Making a speech at the opening, Özgener said, “As the public-private sector consultation mechanism with the Turkish Financial Technologies Assembly, we are ready to make the necessary contribution to the regulations of the public.” Özgener also stated that the field of financial technologies includes many verticals such as cryptocurrencies, payment services, infrastructure providers, asset financing, and stated that the newly established assembly includes all stakeholders of the ecosystem.

Cryptocurrency Will Be Priority

After the speeches, the election was held. Then, in line with the demands, it was decided that the parliament should primarily bring up the issues of open banking, regulation of crypto assets and consultation of payment legislation.