Turkey has introduced new cryptocurrency regulations to strengthen anti-money laundering (AML) frameworks, mandating identity verification for transactions exceeding 15,000 Turkish liras ($425 USD). The rules, effective by February 2025, aim to prevent illicit activities and align with global trends toward stricter crypto oversight. The regulations include licensing requirements and measures to prevent market abuse, reflecting Turkey's growing role in the global crypto market. The new laws follow the EU's MiCA regulation and signal an international focus on crypto regulation. Turkish crypto firms have shown renewed interest in obtaining licenses, with 47 companies applying, including major exchanges like Bitfinex and Binance TR. #Turkey #CryptoRegulation #AML #Cryptocurrency #MiCA