New Cryptocurrency Rules in Türkiye in 2025; Details
The regulatory landscape for cryptocurrencies continues to evolve globally, with countries seeking to balance innovation and security. In this regard, Turkey announced recently adopted stricter measures for cryptocurrency transactions, with implementation scheduled for February 25, 2025. These new regulations aim to intensify the fight against money laundering and terrorist financing, seeking greater transparency and control over activities involving digital assets in the country.
Starting today, users who make transactions above 15.000 Turkish liras, equivalent to approximately $425, will be required to provide full personal identification information to cryptocurrency exchanges. This requirement aims to increase the traceability of transactions and make it more difficult to use cryptocurrencies for illicit activities. The measure represents a significant effort to integrate the cryptocurrency market into the traditional financial system, applying the same compliance rules that already exist for other financial transactions.
In addition to individual transactions, the new rules also cover unregistered wallet addresses. Cryptocurrency exchanges operating in the country will be required to collect and verify personal information before processing any transaction, even those originating from unregistered wallets. This measure expands the scope of the regulation, seeking to monitor a wider range of cryptocurrency activities and to make it harder to avoid the anonymity often associated with these assets.
The European Union recently moved forward with MiCA regulations, seeking to harmonize rules for digital assets across its member countries. Turkey’s decision to implement stricter regulations reflects growing concerns about the use of cryptocurrencies for illegal activities.
It is worth remembering that, with the approval of new regulatory laws in July 2024, Turkey has solidified its position as an attractive hub for the cryptocurrency market. In August, the number of Licensed crypto platforms in the country jumped from 47 to 76 , reflecting significant growth in regulatory and commercial interest in the region.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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