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Turkey plans stricter crypto regulations by February 2025

In late December 2024, Turkey unveiled regulations aimed at anti-money laundering practices. From February 2025, users must validate their identity for transactions over 15,000 Turkish Lira (about 425 USD), aligning with global regulatory trends.

The new rules demand that crypto service providers adopt stringent KYC standards. Turkey’s measures aim to boost user verification, curb illicit activities, and match international regulatory efforts within the cryptocurrency realm.

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