According to Techub News, FinanceFeeds reported that Turkey announced cryptocurrency anti-money laundering (AML) measures in the Official Gazette of the Republic of Turkey on December 25, requiring users to provide identity information when conducting transactions exceeding 15,000 Turkish lira (425 US dollars) to prevent illegal fund transfers and terrorist financing through cryptocurrencies. The regulation, which will take effect on February 25, 2025, also requires providers to verify the identity of users who transfer funds from unregistered wallet addresses. If the provider cannot obtain sufficient customer information, the transaction may be deemed "risky," allowing the service provider to stop the transfer or consider other measures, such as restricting the business relationship.
Türkiye requires users to provide ID for transactions over $425
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