Reported 2 days ago
Turkey is implementing new anti-money laundering (AML) regulations for cryptocurrency transactions, set to take effect on February 25, 2025. The rules require users transacting over 15,000 Turkish liras to provide identification to crypto service providers and mandate the collection of user data for unregistered wallet addresses. Recent increases in license applications from crypto firms highlight the growing market, as Turkey now ranks as the fourth-largest crypto market globally.
Source: YAHOO