Turkey adds cryptocurrency firms to terror funding, money laundering regulations
Published by

Turkey has added cryptocurrency trading platforms to its list of firms falling under anti-money laundering and terrorism financing regulation, according to a presidential decree. Turkey’s official gazette said on Saturday the country’s latest expansion of rules will take immediate effect and cover “crypto asset service providers”, which would be liable to the existing regulations, Reuters reported. The move comes as Turkey intends to tax cryptocurrency transactions and assets, with cryptocurrencies becoming deemed as assets or goods under Turkish law in the next few weeks, the Daily Sabah repo…

Read More

HEDGE accordingly