Turkish crypto bill set to be presented in parliament

The draft law to regulate cryptocurrency in Turkey proposes licensing by the SPK and stricter oversight to enhance trading platform standards and compliance.

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Turkey eyes new law on crypto assets: report

Turkey is preparing a new law on crypto regulation, according to Finance Minister Mehmet Simsek. The legislation looks to toughen approach to money laundering and terrorism financing to bring Turkey into compliance with Financial Action Task Force (FATF) requirements.

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Turkish Law Enforcement Investigating FTX's Local Arm Following Wipeout

Turkey's Financial Crimes Investigation Agency said it is looking into people, institutions, banks and crypto service providers with ties to FTX.com after its swift collapse last week.

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Experts say blockchain’s value lies in crypto

Inflation has caused many Turks to turn to cryptocurrency to weather their currently unstable economy as opposed to using the Turkish lira. After Turkey’s President, Recep Tayyip Erdoğan made it official that Turkey is in the process of formulating a cryptocurrency law, Turkish legislators met with cryptocurrency gurus in hopes of knowing more about the […] The post Experts say blockchain’s value lies in crypto appeared first on Invezz.

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Court Case Filed Against Turkey’s Ban on Bitcoin Payments

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Venezuela Traded in Bitcoin with Turkey and Iran, Passes New Anti-Blockage Law

The hyperinflation stricken and heavily sanctioned Latin American country, Venezuela, has been trading in bitcoin with its allies Turkey and Iran according to local media citing sources at the Central...

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Indonesia Hosts International Summit to Enlighten Lawyers on Cryptocurrencies

In an effort to curb illegal use of bitcoin and other blockchain-based cryptocurrencies, and make it easier for law enforcement agents to recognize and fight crypto-fueled crimes, the Indonesian government is hosting an international conference made up of Turkey, Singapore, Australia, Malaysia, Thailand, Russia and Hong Kong, according to reports on October 2, 2019.

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Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners

When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition.

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14 Crypto Cybergang Criminals Target Bitcoin Holders for $80,000, Get Busted by Turkish Police

A band of 11 individuals is in custody of recent hacks into emails, cryptocurrency wallets and user accounts of Bitcoin holders. The Turkish nationals are accused of masterminding the digital currency heist after law enforcement received complaints from victims who lost their cryptocurrencies to the gang.

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