 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
Cryptocurrency News Articles
Turkey Continues to Evolve Its Cryptocurrency Regulation Landscape
Dec 25, 2024 at 08:02 pm
Turkey’s cryptocurrency regulation landscape continues to evolve, with new regulatory developments around crypto transactions and anti money laundering.
Turkey crypto transaction rules to take effect Feb. 25
Turkish cryptocurrency service providers will now be required to collect customer identification details for transactions exceeding 15,000 Turkish liras ($425), according to new Anti-Money Laundering (AML) rules published in the Official Gazette of the Republic of Turkey on Dec. 25.
The new regulation aims to prevent the use of cryptocurrencies in money laundering and terrorism financing activities. Notably, crypto service providers in the country are not mandated to collect customer transaction information when the amount involved is below $425.
The new regulations will take effect on Feb. 25, 2025.
Turkey legalizes crypto use in June 2024
As Turkey continues to curb potential illicit crypto transactions, its efforts mirror trends observed globally.
Most notably, the European Union is set to enforce its Markets in Crypto-Assets (MiCA) regulation on Dec. 30. The regulation has prompted several crypto service providers to scramble to comply, leading to the delisting of non-compliant stablecoins from some exchanges.
In Turkey, crypto users are permitted to hold and trade crypto assets, following the country’s legalization of crypto in June 2024. However, a ban on the use of crypto assets for payments has been in place since 2021.
A recent proposal also aims to introduce a 0.03% transaction tax to bolster the country’s budget, as Turkey currently does not impose any tax on crypto profits.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
-
-
- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
-
-
- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
-
-
- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
-
- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
