The State vs. Satoshi: Turkey’s Battle for Digital Cash Control

New stringent regulations are on the horizon for Turkish crypto users. Once enforced, crypto platforms will be forced to collect detailed information on the origin and purpose of every transfer. According to reports from Turkey’s state-run Anadolu Agency (AA), the Ministry of Treasury and Finance is driving these stricter regulations as part of efforts to combat money laundering and financial crime. A key component of the new rules will be the mandatory collection of a transaction description of at least 20 characters for each transfer source: https://medium.com/pivx/the-state-vs-satoshi-turkeys-battle-for-digital-cash-control-e967b2aee27f?source=rss----430d9242e45e---4