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DeFi

Turkey Cracks Down: 46 Crypto Sites Blocked

Turkey bans 46 crypto sites, including PancakeSwap, for lacking licenses. CMB aims to curb fraud and enforce AML, KYC rules in the crypto...
News

Turkey to Enforce New Crypto Rules to Fight Laundering

Turkey enacts strict crypto laws to curb fraud and laundering risks. Stablecoin transfers limited to $3K daily, $50K monthly maximum. Non-compliant withdrawals delayed...
Regulations

Turkey Tightens Crypto Rules to Fight Money Laundering

In Turkey, a new anti-money laundering law requires identification verification for crypto transactions over $425. Rules, which take effect on February 25, 2025,...
Industry and Adoption

Tether Wants to Bring Digital Tokens Backed by Boron...

Tether wants to issue a new asset in Turkey, one backed by Boron. Tether, the issuer of the largest stablecoin by market cap, USDT, has...
Exchange News

Turkey Halts Tax Plans on Stock Market and Cryptocurrency...

Turkey has officially decided not to proceed with a proposed tax targeting profits from stock trading and cryptocurrency transactions, according to Vice President Cevdet...
News

Will Turkey’s $205 Ceiling on Cash Payments Affect Crypto?

If this goes through, Turkish citizens transacting more than $205 in the country will be fined 10% of the transacted amount. Turkey plans to impose...
Exchange News

Turkey Sees a Surge in Crypto Licenses as New...

Turkey's new crypto legislation has sparked an influx of 47 license applications. 76 crypto exchanges, including Coinbase and KuCoin, have applied for licenses...
Regulations

Crypto Taxes Have to Wait, Regulations May Come Soon...

Turkey is not going to impose taxes on profits from trading crypto assets and stocks, clarified an official from the country’s finance ministry. The...
Press Release

LBank Excited About Wider Blockchain Adoption in Turkey

The Central Bank of Turkey (CBRT) completed CBDC tests in December 2022 and the government is currently planning to use blockchain technology for online...
Bitcoin News

Turkey Is Allegedly Having Crypto Conversations with El Salvador

Turkey – in the middle of its currency crisis – appears to be taking advice from and meeting with the most unlikely contender: El...
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