📜 𝙏𝙪𝙧𝙠𝙚𝙮 𝙄𝙣𝙩𝙧𝙤𝙙𝙪𝙘𝙚𝙨 𝙉𝙚𝙬 𝙍𝙚𝙜𝙪𝙡𝙖𝙩𝙞𝙤𝙣𝙨 𝙛𝙤𝙧 𝘾𝙧𝙮𝙥𝙩𝙤 𝙀𝙭𝙘𝙝𝙖𝙣𝙜𝙚𝙨
Turkey has rolled out new regulations aimed at tightening oversight of cryptocurrency exchanges. The rules mandate enhanced KYC (Know Your Customer) processes, stricter financial reporting standards, and higher capital requirements for operating licenses.
These measures are designed to protect investors and curb illicit activities in the crypto space. While some view the regulations as a step toward legitimizing crypto in Turkey, others express concerns about potential overreach and the impact on smaller exchanges.
💬 Do you see such regulations as a safeguard for investors or a hurdle for innovation in the crypto industry?
Source: Coin Turk
