Turkish president orders ruling party to organize metaverse forum

Recep Tayyip Erdan, Turkish President, and officials from the ruling Ak Party met this week to discuss metaverse. The president called for extensive research.

According to a Daily Sabah report, Erdogan has apparently urged the Ak Party study the metaverse, which includes cryptocurrencies, as well as how transactions are made using them.

Jan. 25 saw party leaders instructed to investigate the phenomenon and its implications for the future. A forum will be held by the ruling party to address the economic aspects of the metaverse and cryptocurrencies as well as social media.

The metaverse is becoming more popular in Turkey. Some reports claim that thousands of virtual territory in Turkey have been bought in game-based metaverse platforms. Most of them are in Istanbul’s historic capital.

Ak Parti olarak #Metaverse uzerinden ilk toplantimizi gerceklestirdik. pic.twitter.com/19Xfd6sIWR
— AK Parti Bilgi Iletisim Teknolojileri (@AKbilgitek) January 17, 2022

Cointelegraph reported that the Turkish government met recently in the metaverse for discussions about cryptocurrency legislation. Mustafa Elitas, chairman of the Grand National Assembly of Turkey, stated that “I believe that metaverse based meetings would be improved expeditiously. They will become an essential part of all our lives.”

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Although the Turkish government is open-minded to blockchain technology, metaverse, and a state-issued cryptocurrency, President Erdogan is known for his fierce opposition to cryptocurrencies. During a Q&A session last year, Erdogan “declared war on cryptocurrencies”, implying that the country did not want to adopt them.