Turkey’s Clampdown On Cryptocurrencies
ExcitedTurtle
May 10
Turkish government is cracking down on cryptocurrencies while crypto exchanges are collapsing. Last Saturday, Turkey added cryptocurrency trading platforms to a list of the companies covered by anti-money laundering and terrorism financing regulation. The Official Gazette said that the rules would take immediate effect, and it will cover “crypto asset service providers.” This move comes a month after Turkey’s central bank banned the use of crypto assets for payments on the grounds such transa...
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