Turkey’s Erdogan picks crypto professor for central bank board: Report

Fatma Ozkul has been a lecturer at Marmara University in Istanbul since 2012, with an academic focus on accounting, finance, auditing, blockchain and digital assets.

Turkey’s President Recep Tayyip Erdoğan has reportedly appointed professor Fatma Ozkul, an expert in crypto assets and blockchain technology, to the central bank’s monetary body.

According to Bloomberg, a decree nominating Ozkul was released on Dec. 22. She has been a lecturer at Marmara University in Istanbul since 2012, with an academic focus on accounting, finance, and auditing. Her research area extends to blockchain technology and digital assets, having authored a book on crypto asset accounting in 2022, notes her university profile.

Ozkul is the newest member of Turkey’s central bank Monetary Policy Committee, whose primary duty is to set the benchmark interest rate to control inflation. The Committee raised the country's interest rate by 2.5 percentage points to 42.5% on Dec. 21, after Turkey’s inflation rate topped 61.98% in November.

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