Binance News
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Turkey Introduces New Cryptocurrency Regulations
According to BlockBeats, Turkey has implemented new cryptocurrency regulations in the final week of 2024, inspired by proactive regulatory developments in major jurisdictions like Europe. The newly released regulations mandate that users conducting transactions exceeding 15,000 Turkish Lira (approximately $425) must provide their identity information to the country's cryptocurrency service providers. This new anti-money laundering (AML) regulation aims to prevent money laundering and the financing of terrorism through cryptocurrency transactions.
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