Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, $3K Daily Stablecoin Limit

Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, $3K Daily Stablecoin Limit

Türkiye to enforce stricter crypto rules to curb illicit transactions

The Finance Ministry is preparing to implement stricter oversight of cryptocurrency transactions as part of its ongoing efforts to combat money laundering,...

Turkey Introduces 72-Hour Withdrawal Delay To Fight Money Laundering » News.ng

Turkey is set to roll out tighter cryptocurrency regulations in a bid to combat money laundering and improve financial oversight across the digital asset sector. According to a government announcement released today, the Ministry of Treasury and Finance has proposed a new set of rules that will impact both retail users and crypto platforms operating in the country. Among the key provisions is a mandate requiring that every crypto transaction inc…

Turkey tightens crypto rules with source, purpose checks on transfers - WorldNL Magazine

Turkey is preparing to impose stricter regulations on crypto transactions to combat money laundering and financial crime, according to information obtained by the state-run Anadolu Agency (AA).Under the proposed measures, crypto platforms will be required to collect detailed information on the origin and purpose of every transfer. Users will be required to provide a transaction description of at least 20 characters for each transfer, AA said in …

Turkey Prepares Stricter Crypto Regulations to Combat Financial Crime

The regulations will require virtual asset service providers to collect and share sender or recipient identity details for non-compliant transfers 48-hour delay will be applied to most crypto withdrawals Platforms must have a 20+ character transaction description, in addition to the origin and purpose of each transfer Turkey’s Ministry of Treasury and Finance, led by Finance Minister Mehmet Şimşek, is implementing stricter measures to curb crypt…