Turkey Ramps Up Crypto & Bank Oversight: Financial Watchdog Expands Authority
Turkish regulators are tightening their grip on the financial sector with sweeping new surveillance powers.
Expanded Monitoring Reach
The nation's financial watchdog now gains unprecedented access to cryptocurrency transactions and traditional bank accounts alike—because nothing says financial freedom like government eyes on every digital coin and dollar.
Regulatory Power Grab
Authorities can now track, freeze, and investigate assets across both conventional and digital finance systems. The move signals Turkey's push to control capital flows in an era where crypto was supposed to bypass such oversight.
Just what crypto enthusiasts dreamed of—more paperwork and surveillance than a traditional Swiss bank, but with blockchain's 'transparency' as the selling point.
