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NEWS: Turkey’s draft rules for crypto assets at final stage, minister says

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

By Tuvan Gumrukcu and Ezgi Erkoyunş

Turkey’s crypto asset regulations, expected to bring licensing and operating standards to trading platforms, are at the final stage, Finance Minister Mehmet Simsek said on Wednesday.

The rules are aimed at reducing the risk of trading crypto assets as well as helping the country to be taken off an international financial crime watchdog “grey list”, Simsek told the state-owned Anadolu news agency.

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