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>"Turkey’s Financial Crimes Investigation Board seized assets belonging to the local subsidiary of the FTX crypto exchange and its affiliates."

Turkey is crafting legislation that would establish greater control over the cryptocurrency market and possibly impose a tax on some transactions involving digital assets sources say.

"Turkish citizens are investing in cryptocurrencies as a hedge against a weakening lira and double-digit inflation, while the Turkish _...Read More_

Many crypto experts and analysts predicted that 2022 would bring a surge in crypto regulation and laws. On 1 January 2022, this already seems to be the case as one country seemingly prepares the ground to rapidly release a crypto _...Read More_

The Financial Crimes Investigation Board (MASAK) has fined Binance Turkey 8 million lira (nearly $750,000) after the crypto exchange failed the financial watchdog’s audit for monitoring Anti-Money Laundering (AML) compliance.