Turkey is set to introduce new cryptocurrency regulatory legislation, scheduled to be officially implemented on February 25, 2025. This new regulation is inspired by the proactive regulatory developments in regions such as Europe and aims to strengthen anti-money laundering (AML) measures.

According to the new regulation, users conducting transactions exceeding 15,000 Turkish Lira (approximately 425 USD) must provide identity information to cryptocurrency service providers. This initiative aims to prevent money laundering and the financing of terrorism through cryptocurrency.

Turkey's regulatory move reflects the growing global emphasis on regulating the cryptocurrency market.🌍🔍