Turkey steps up ‘crypto’ AML rules; Malaysia targets Bybit

Turkey has implemented a new regulatory framework for the digital asset sector, which will take effect in February. The new regime, which tightens anti-money laundering (AML) regulations and enforces the licensing framework, comes at a time when Europe’s MiCA framework is taking effect. 

Elsewhere, Malaysia has stepped up its digital asset crackdown on unlicensed operators, with Atomic Wallet and Bybit the latest to face the securities watchdog’s wrath.

Turkey’s renewed ‘crypto’ regulations

Despite being one of the world’s…

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