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🚨 TURKEY CRACKS DOWN ON CRYPTO 🇹🇷
Turkey has granted MASAK (Financial Crimes Investigation Board) sweeping new powers as part of FATF-driven reforms.
The regulator can now freeze accounts, blacklist wallets, and limit transactions linked to suspicious crypto activity.
🎯 The official aim? Combat money laundering and terrorism financing — areas flagged by FATF.
But the impact could be significant:
🔻 Individual freedoms and privacy concerns rise.
🔻 Investor confidence may take a hit.
🔺 On the flip side, the move could boost institutional legitimacy for Turkey’s vibrant crypto market.
With one of the world’s most active user bases, Turkey’s crypto future hangs in the balance.
#BreakingCryptoNews #Turkey #MASAK #FATFs #CryptoRegulations $BTC
Turkey has granted MASAK (Financial Crimes Investigation Board) sweeping new powers as part of FATF-driven reforms.
The regulator can now freeze accounts, blacklist wallets, and limit transactions linked to suspicious crypto activity.
🎯 The official aim? Combat money laundering and terrorism financing — areas flagged by FATF.
But the impact could be significant:
🔻 Individual freedoms and privacy concerns rise.
🔻 Investor confidence may take a hit.
🔺 On the flip side, the move could boost institutional legitimacy for Turkey’s vibrant crypto market.
With one of the world’s most active user bases, Turkey’s crypto future hangs in the balance.
#BreakingCryptoNews #Turkey #MASAK #FATFs #CryptoRegulations $BTC
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