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Turkey The Ministry of Finance and Finance is tightening the regulations for crypto providers in an effort to reduce illegal financial activities. According to the ministry, digital assets must now collect and verify more detailed information about user transactions.
This information involves obtaining a written explanation of at least 20 characters describing the purpose of each transfer together with the verification of the origin of the relevant funds.
For AA, the government believes that this measure will increase transparency and help identify suspicious activities previously in the transaction process.
Turkey imposes a restriction of collection to disrupt illegal streams
The new regulation in the main shift imposes a new regulation on the selection of crypto assets. Any purchased, replaced, or stored crypts will be subject to a 48 -hour waiting time before it can be downloaded.
For new users who become the first download, the waiting time will be extended to at least 72 hours. The authorities believe that these delays will reduce the ability of criminal actors to quickly convert illegal means outside the system before they are detected or blocked.
Stablecoins are also controlled in the new regulatory framework. The Ministry will store a daily transfer of $ 3,000 for these digital assets and a monthly limit of $ 50,000.
These restrictions are designed to prevent the rapid movement of large amounts of money that can be associated with illegal betting, fraud or other criminal income.
However, platforms that fully adhere to the travel rule that require the collection of identifiable information about the sender and the receivers will be able to operate twice as much as the limits.
While the regulations are strict, the ministry emphasized that it does not deal with the suppression of legitimate activities in the crypto space. Minister of Finance and Finance Mehmet şimşek said that market creation, liquidity and arbitration will be allowed without restrictions.
In particular, the ministry issued a clear warning of platforms that do not meet new rules. Sanctions may include administrative sanctions, financial fines or even rejection or cancellation of operating licenses.
Turkey continues to tighten the crypto of the legal framework
The latest coercive measures build Wider regulatory overworking of turkeys Posted on 13 March 2025, through changes to the Act on Capital Markets No. 6362. These changes placed crypto platforms under the supervision of the Council of Capital Markets (CMB).
Two Communities, III-35/B.1 and III-35/B.2 sets new rules for the structure of the platform, capital requirements, internal audits and customer protection. Platforms must be common companies with minimal capital and approved management.
In addition, they are also obliged to carry out audits of evidence-stroke, cooperate with CMB approved custodians and maintain separate accounts for user funds.
Other rules regulate assets of assets, conflict policy, risk disclosure and dispute resolution processes to increase the safety of users and transparency of the platform.
Turkey tightens Crypto AML regulations! By February 2025, all transactions over 15,000 Lira will require user identification.#Turkeycrypto #Amlhttps://t.co/rskoscvss
– Cryptonews.com (@cryptonews) December 25, 2024
Previously, Turkey introduced stricter crypt rules In February 2025, reinforce compliance before washing for washing (AML) and in accordance with global standards. Regulations notified in the last week of 2024 require crypt services providers to collect user identification for transactions over 15,000 Lira (about $ 425).
Modeled behind Framework EU Mica“The rules aim to reduce money laundering and terrorism financing, because the presence of turkeys on global crypt markets is still growing.
Contribution Turkey Slaps STRICT new crypto supervision: Mandatory sources checks, $ 3K daily limit stablecoin He appeared for the first time Cryptonews.
