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Turkey Proposes Expanded Powers for Financial Regulator to Freeze Accounts, Blacklist Crypto Wallets
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Turkey Proposes Expanded Powers for Financial Regulator to Freeze Accounts, Blacklist Crypto Wallets
ANKARA, TURKEY – The Turkish government is reportedly poised to significantly enhance the authority of its financial crime watchdog, granting it new powers to freeze or restrict access to both traditional bank accounts and cryptocurrency accounts. This move aims to bolster the nation's efforts in combating money laundering and other financial crimes, aligning its regulatory framework with international standards.Key Takeaways:Turkey's government…
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