🔴🚨 NEW RULES after CRYPTOCURRENCY HACK 🔴🚨
🔴🔴 ALERT ALERT ALERT 🔴🔴
# New Cryptocurrency Regulations Adopted by the Turkish Grand National Assembly
The Turkish Grand National Assembly has implemented new cryptocurrency regulations:
- The Capital Markets Board (CMB) now has the authority to oversee cryptocurrency transactions, including imposing measures and sanctions such as blocking and seizing funds.
- Individuals and entities operating without a "cryptocurrency service provider" license face prison sentences ranging from 3 to 5 years.
- Cryptocurrency fraud carries severe penalties, with prison sentences ranging from 14 to 22 years.
- Financial penalties for rule violations range from $7,500 to $182,600.
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