๐ธ๐ธ๐ธTurkey has implemented a new regulation mandating identification for cryptocurrency transactions exceeding $425, marking a significant step in tightening oversight within the crypto market.
This move aims to enhance transparency, prevent illicit activities, and align with global standards on anti-money laundering (AML) and combating the financing of terrorism (CFT).
๐๐For traders, this could signify a more secure trading environment, but also introduces compliance obligations that must be carefully managed. Staying updated on regulatory changes and ensuring proper documentation can help traders maintain seamless operations while taking advantage of Turkey's growing crypto ecosystem.
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