Turkish government freezes more than 3 million accounts
Around 2.5 million taxpayers along with 800,000 other companies and people received notifications for not paying their debts
Thousands of companies and people with fiscal obligations to Turkey have received foreclosure notices, informing them of the freezing of their bank accounts. A measure of the Turkish government before the problems facing the financial and economic system of this country. This geopolitical scenario, which has been intensely pressured pushes its citizens even more to the use of cryptocurrencies instead of contributing to debt restructuring.
Around 2.5 million taxpayers who have not been able to pay their debts and another 800,000 companies and people who owe money for social security expenses received notifications last Monday. The two groups made up a total debt of 150 billion in Turkish Lira, equivalent to more than $ 26 billion.
This information provided by the Turkish media Sözcü Gazetesi, who quotes the tax expert Nedim Türkmen, expresses that the totality of those affected reaches 3.3 million debtors.
The news was released after Turkish Finance Minister Berat Albayrak announced a new economic program, where he reported possible government assistance to these groups, although he did not specify whether that aid would also be directed to those who do not have the resources to cover their debts, despite the fact that the finance executive in July said: “Tax and debt restructuring requests are coming. Measures can be taken to meet different needs in different periods”.
Faced with high inflation next to the monetary crisis last year, Turkey has found itself in need of refuge in decentralized digital money, presenting an exponential growth of cryptocurrencies. A 2019 study that explores how common crypto assets are around the world places the country at the top of the table, with a fifth of Turkish respondents declaring that they own digital currencies.
K.Villarroel
Source: infocoin
