{"id":1676,"date":"2020-01-15T15:28:59","date_gmt":"2020-01-15T12:28:59","guid":{"rendered":"http:\/\/www.gokberkcan.com\/?p=1676"},"modified":"2020-01-28T11:09:20","modified_gmt":"2020-01-28T08:09:20","slug":"security-token-meselesi","status":"publish","type":"post","link":"https:\/\/www.gokberkcan.com\/?p=1676","title":{"rendered":"&#034;Security Token&#034;  meselesi"},"content":{"rendered":"\n<p>\u015eu an d\u00fcnyan\u0131n en \u00fcnl\u00fc blokzincir jetonu (token) Bitcoin (BTC). Gelece\u011fin para birimi olarak hayal edilse de kur oynakl\u0131\u011f\u0131 sebebiyle alt\u0131n\u0131 ikame etmesi (\u015fimdilik) m\u00fcmk\u00fcn de\u011fil. Bununla beraber finansal piyasalar\u0131 ilgilendiren ba\u015fka bir jeton daha var: security token. T\u00fcrk\u00e7esiyle menkul k\u0131ymet jetonu (MKJ). Bitcoin, Ripple, Etherium gibi \u00f6deme jetonlar\u0131ndan farkl\u0131 olarak bir \u015firkete hissedar olman\u0131z\u0131 sa\u011fl\u0131yor. MKJ&#8217;nin as\u0131l amac\u0131 finansal piyasa enstr\u00fcmanlar\u0131n\u0131n yerine ge\u00e7mek fakat \u015fu anki mevcut \u00f6zelli\u011fi d\u00fc\u015f\u00fcnd\u00fc\u011f\u00fcm\u00fczde b\u00fct\u00fcn menkul k\u0131ymetlerini kapsam\u0131yor,  sadece hisse senedi gibi \u00e7al\u0131\u015f\u0131yor. Gerekli teknik imkanlar ger\u00e7ekle\u015fti\u011finde bor\u00e7 enstr\u00fcman\u0131 da olarak kullan\u0131lmas\u0131 m\u00fcmk\u00fcn olabilir.  <a href=\"https:\/\/stocheck.com\/\">www.stocheck.com<\/a> veya <a href=\"https:\/\/stoscope.com\/\">www.stoscope.com<\/a> gibi sayfalarda halihaz\u0131rda MKJ ihrac\u0131n\u0131 yapm\u0131\u015f\/yapacak \u015firketlerin listesini bulabilirsiniz. E\u011fer akl\u0131n\u0131zda burada be\u011fendi\u011finiz bir MKJ&#8217;ye yat\u0131r\u0131m yapma fikri varsa mutlaka ve mutlaka \u015firket bro\u015f\u00fcr\u00fcn\u00fc, halka arz bildirisini (varsa yat\u0131r\u0131mc\u0131 bilgilendirme belgelerini) isteyin. Yat\u0131r\u0131m\u0131 yapaca\u011f\u0131n\u0131z  \u00fclkedeki MKJ d\u00fczenlemelerini, o \u015firketin tabi oldu\u011fu denetim y\u00f6netmeliklerini inceleyin. Yoksa uzak durun.<\/p>\n\n\n\n<p>MKJ \u015firketlerin halka a\u00e7\u0131lmas\u0131ndaki arac\u0131l\u0131k masraflar\u0131n\u0131 azaltacak, sermaye piyasa d\u00fczenleyiciden (\u00f6rn: SPK) halka a\u00e7\u0131lma izni al\u0131nmaks\u0131z\u0131n hissedar bulunmas\u0131na imkan tan\u0131yacak. Finans teknolojileri \u015firketlere yeni pazarlar a\u00e7\u0131yor ancak bu pazarlardaki yat\u0131r\u0131mc\u0131lar\u0131n korunmas\u0131 gereklili\u011fini asla kenara atamay\u0131z. Baz\u0131 yazarlar\u0131n &#8220;MKJ sayesinde dereg\u00fclasyon artacak&#8221; mutlulu\u011funu da bu sebeple anlamak imkans\u0131zd\u0131r. \u0130nsanlar\u0131n tasarruflar\u0131n\u0131 bir yat\u0131r\u0131ma y\u00f6nlendirirken veya onu cazibe merkezi yaparken hi\u00e7bir g\u00fcvence verilmemesi sadece saadet zincirlerinin (\u00f6rn: Titan) \u00f6n\u00fcn\u00fc a\u00e7acak. MKJ, sadece T\u00fcrkiye de\u011fil Avrupa Birli\u011fi de dahil olmak \u00fczere her \u00fclke taraf\u0131ndan d\u00fczenlemelere tabi tutulmu\u015f de\u011fil. Bir di\u011fer deyi\u015fle  \u00d6rne\u011fin Danimarka&#8217;da MKJ d\u00fczenlemesi hala mecliste tart\u0131\u015f\u0131l\u0131yor ancak Danimarka \u015firketleri MKJ arac\u0131l\u0131\u011f\u0131 ile yat\u0131r\u0131mc\u0131 bulmaya devam ediyor. Menkul k\u0131ymet piyasas\u0131n\u0131n en derin ve iyi \u00e7al\u0131\u015ft\u0131\u011f\u0131 ABD&#8217;de Securities and Exchanges Commission (SEC) jeton ihrac\u0131 (initial coin offering, ICO) konusuna uzak kalmad\u0131 (ba\u011flant\u0131 1), gerekli d\u00fczenlemeleri yapt\u0131 (ba\u011flant\u0131 2) hatta yetinmedi sak\u0131ncal\u0131 g\u00f6rd\u00fcklerini i\u015fleme kapatt\u0131 (ba\u011flant\u0131 3).<\/p>\n\n\n\n<p>Bizde ise herhangi bir d\u00fczenleme s\u00f6z konusu de\u011fil jeton arz edenler veya al\u0131m sat\u0131m\u0131na arac\u0131l\u0131k edenler i\u00e7in. T\u00fcrk BitCoin \u015firketleri g\u00fcvenlik sayfalar\u0131nda sadece teknik i\u015flerden bahsediyor. Blokzincirin da\u011f\u0131t\u0131k hesap defterine g\u00fcvenebilirsiniz ancak \u015firket i\u015flemlerinin denetlenmedi\u011fini, finansal yap\u0131lar\u0131ndan bi&#8217; haber oldu\u011fumuzu da hat\u0131rlatmak isterim. Kastelli, \u0130mar Bankas\u0131, Titan, \u00c7iftlikbank. Bunlar\u0131n temelde \u00e7ok benzer bir \u00f6zelli\u011fi var. Hepsi kendini piyasan\u0131n \u00fczerinde kazan\u00e7lar taahh\u00fct ederek kabul ettirdiler. Kimse de bu yap\u0131lara dur demedi ve bug\u00fcne geldik. SPK konuya el atmad\u0131\u011f\u0131 s\u00fcrece de biz haberlerde bunlar\u0131n t\u00fcrevlerini izlemeye devam ederiz. <\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><a href=\"https:\/\/www.sec.gov\/ICO\">https:\/\/www.sec.gov\/ICO<\/a><\/li><li><a href=\"https:\/\/www.investor.gov\/additional-resources\/specialized-resources\/spotlight-initial-coin-offerings-digital-assets\">https:\/\/www.investor.gov\/additional-resources\/specialized-resources\/spotlight-initial-coin-offerings-digital-assets<\/a><\/li><li><a href=\"https:\/\/www.sec.gov\/spotlight\/cybersecurity-enforcement-actions\">https:\/\/www.sec.gov\/spotlight\/cybersecurity-enforcement-actions<\/a><\/li><\/ol>\n\n\n\n<p>Bitirmeden, akl\u0131ma gelmi\u015fken soray\u0131m: Geleneksel finansal \u00fcr\u00fcnler y\u00fcz\u00fcnden bir krizi ya\u015fad\u0131k. MKJ ve di\u011fer jetonlardan kaynakl\u0131 olan\u0131 ne zaman olacak?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u015eu an d\u00fcnyan\u0131n en \u00fcnl\u00fc blokzincir jetonu (token) Bitcoin (BTC). Gelece\u011fin para birimi olarak hayal edilse de kur oynakl\u0131\u011f\u0131 sebebiyle alt\u0131n\u0131 ikame etmesi (\u015fimdilik) m\u00fcmk\u00fcn de\u011fil. Bununla beraber finansal piyasalar\u0131 ilgilendiren ba\u015fka bir jeton daha var: security token. T\u00fcrk\u00e7esiyle menkul k\u0131ymet jetonu (MKJ). Bitcoin, Ripple, Etherium gibi \u00f6deme jetonlar\u0131ndan farkl\u0131 olarak bir \u015firkete hissedar olman\u0131z\u0131 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1676","post","type-post","status-publish","format-standard","hentry","category-blokzincir"],"_links":{"self":[{"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/posts\/1676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1676"}],"version-history":[{"count":1,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/posts\/1676\/revisions"}],"predecessor-version":[{"id":1782,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=\/wp\/v2\/posts\/1676\/revisions\/1782"}],"wp:attachment":[{"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gokberkcan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}