Erdogan Is Planning a Massive Turkey Crypto Crackdown
NegativeCryptocurrency

Turkey's crypto market is bracing for a significant crackdown as President Recep Tayyip Erdogan advocates for stricter regulations. New legislation could allow the Financial Crimes Investigation Board (MASAK) to freeze crypto accounts without needing court approval, raising concerns among investors and users in the digital asset space. This move is particularly alarming given Turkey's position as a key player in the global crypto landscape, and it highlights the ongoing tension between regulatory oversight and the burgeoning crypto economy.
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