Turkey is implementing stricter anti-money laundering regulations for cryptocurrency transactions over 15,000 Turkish Liras. Meanwhile, a large Ethereum withdrawal was observed on the Turkish crypto exchange BTCTurk. The recipient address is unknown and may belong to the exchange or a large investor. The Turkish lira has become the third fiat currency in the world in terms of crypto trading volume. Although there may be some disruptions due to new regulations and the size of the Turkish crypto market, it is unlikely to have a significant impact on cryptocurrency prices.
- Content Editor ( u.today )
- 2024-12-25
$69.8 Million in Ethereum (ETH) Leave Turkey's Top Exchange Amid Regulatory Boost