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BTCC / BTCC Square / Global Cryptocurrency /
Turkish Authorities Impose Stricter Crypto Regulations with Mandatory Waiting Periods

Turkish Authorities Impose Stricter Crypto Regulations with Mandatory Waiting Periods

Author:
Global Cryptocurrency
Published:
2025-06-30 02:50:02
20
3
BTCCSquare news:

Turkey's Financial Crimes Investigation Board (MASAK) has enacted sweeping changes to cryptocurrency oversight, introducing a 72-hour holding period for first-time withdrawals from local exchanges and 48-hour delays for subsequent transactions. Analyst Burak Kesmeci characterizes the measures as a double-edged sword—enhancing fraud prevention while hampering trader flexibility.

The regulations, embedded in Communique No.29, align with Law No. 5549 on anti-money laundering. Kesmeci and legal expert Ahmed Karaca note the rules will likely curb illicit flows but may dampen market liquidity. 'This creates friction for legitimate users,' Kesmeci remarked, highlighting the tension between security and usability in emerging crypto markets.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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