Turkey adds crypto firms to money laundering, terror financing rules


FILE PHOTO: A bitcoin logo is seen next to Turkish flag at a cryptocurrency exchange shop in Istanbul, Turkey April 27, 2021. Picture taken April 27, 2021. REUTERS/Murad Sezer

ISTANBUL (Reuters) - Turkey added cryptocurrency trading platforms to the list of firms covered by anti-money laundering and terrorism financing regulation, it said in a presidential decree published early on Saturday.

The Official Gazette said the country's latest expansion of rules governing cryptocurrency transactions would take immediate effect and cover "crypto asset service providers", which would be liable to the existing regulations.

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