Turkey to Give Authorities Power to Freeze Crypto Accounts in New

Turkey is advancing stricter AML regulations, granting Masak authority to freeze crypto accounts to align with FATF standards. New rules mandate detailed transaction logs for transfers over 15,000 lira and enforce withdrawal holds up to 72 hours. Stablecoin transactions face caps, though compliance with the Travel Rule offers higher limits. Exchanges must also meet increased capital requirements or risk losing licens.