Turkey introduced new cryptocurrency regulatory regulations in the last week of 2024. According to official documents released, the new rules require users conducting transactions exceeding 15,000 Turkish Lira (approximately 425 USD) to provide their identity information to the country's cryptocurrency service providers. This new anti-money laundering (AML) regulation aims to prevent money laundering and funding of terrorist activities through cryptocurrency transactions. The regulation will take effect on February 25, 2025. (Cointelegraph)