Turkey introduces new rules for cryptocurrency transactions over 15,000 Turkish liras: mandatory user identification and blocking of suspicious transfers 🔒

Starting from February 2025, new regulations on cryptocurrency transactions will come into force in Turkey. Users making transfers of more than 15,000 Turkish liras (approximately $425) will be required to provide their identification data to crypto services. If the sender cannot verify their data, the transaction may be deemed "risky" and blocked. These measures aim to combat money laundering and terrorist financing, but small transfers up to $425 remain free of additional checks. The new rules complement the efforts of other countries in regulating the crypto market.