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ARTICLE · 03 JULY 2024

Crypto Asset Regulation, Artificial Intelligence Law Proposal, And Formal Discussions On Digital Copyright

As the winds of digital transformation sweep across the globe, intense regulatory efforts are ongoing in both the European Union and other countries to prevent potential devastation that could arise from these rapid changes.

TurkeyTechnology

As the winds of digital transformation sweep across the globe, intense regulatory efforts are ongoing in both the European Union and other countries to prevent potential devastation that could arise from these rapid changes.

Turkey is closely following this global trend in regulation.

Indeed, several significant developments kept the agenda busy. Please find these developments briefly compiled below.

A. Crypto Assets Have Gained Legal Ground

Although crypto assets have been causing waves of excitement worldwide for a long time, the lack of legal regulations has prevented full trust in these assets. In particular, the legal nature of crypto assets has been the subject of extensive debates among legal circles. The absence of legal regulations meant that the legal nature of crypto assets could not be fully determined, which continued the uncertainty about how to proceed in disputes arising from these assets.

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