Turkey's ruling party submitted a draft crypto bill to parliament on May 16. The bill focuses on the licensing and registration of crypto service providers and aligns with international standards.
The draft bill aims to update existing laws to fully regulate the emerging cryptocurrency market. Areas of focus for the bill include consumer protection, platform transparency and compliance with financial regulations. The proposed legislation aims to regulate cryptocurrency trading platforms and other service providers in the sector, requiring them to obtain a license from the Turkish capital markets commission.
Turkey proposes to align crypto legislation with international standards
2024-05-17 09:10:44
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