Turkey Eyes Tougher AML Rules with Crypto Freeze Powers

BTCC / BTCC Square / Global Cryptocurrency /

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2025-09-30 14:20:03

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Turkey is advancing legislation to empower its financial crime watchdog, MASAK, with the authority to freeze cryptocurrency accounts. The move aims to strengthen anti-money laundering (AML) measures and curb financial fraud. The bill, expected to reach the Grand National Assembly in coming months, signals heightened regulatory scrutiny over digital assets.

Bloomberg reports the proposed rules reflect growing global efforts to police crypto transactions. While the framework targets illicit activity, market participants await details on implementation thresholds and due process safeguards. The development coincides with Turkey's broader push to align with international financial compliance standards.

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