
Turkish Crypto Users Face New Transfer Restrictions
Turkish cryptocurrency holders should prepare for major changes to transaction processes. Under upcoming regulations:
🔹 All transfers require 20-character purpose statements
🔹 First withdrawals face 72-hour delays
🔹 Strict stablecoin limits take effect ($3k daily/$50k monthly)
The Treasury Ministry’s crackdown aims to prevent money laundering but could create headaches for legitimate users.
Experts advise reviewing withdrawal patterns and preparing documentation requirements in advance of the changes.