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, particularly from illegal betting and fraud, officials said Tuesday.
According to information obtained by Anadolu Agency (AA) from the Treasury and Finance Ministry, the government is stepping up its campaign against the laundering of illicit proceeds, with a new wave of regulations targeting crypto asset service providers.
Under the upcoming measures, platforms facilitating crypto transactions will be required to gather detailed information on the source of funds and the purpose of crypto transfers. All crypto asset transfers will need to include a…
