• Turkey will track crypto transactions over $1,200

  • $ANON: Anonymousbsc 🕵️ Just Launched

  • Ripple case update: Judge insists SEC produce BTC and ETH ‘missing’ documents

  • Flare (FLR) Blockchain to Have Its Own Stablecoin: Introducing Aurei (AUR)

  • BTC Is 'Speculative' Store of Value, 'A Lot' of Alts - Securities, Says SEC Chair + More News

  • QT/ Evading the uncertainty principle in quantum physics

  • CFO Of World’s Largest Hedge Fund Joins NYDIG To Focus On Bitcoin

  • Crypto Flipsider News – May 7th – Litecoin, Chainlink, Ethereum Classic, Norwegian Minister and Bitcoin, Nokia and Blockchain

  • $SAT, Saturna - Previous top post on sub! Has huge potential for another big pump! Great brand new meme coin with nice site, great team, and solid tokenomics! Peak $15M marketcap, now at $7.3M, 3023 holders in only 12 hrs. #1 Trending on CryptoMoonShots.

  • SEC Wants to Force Ripple to Testify About Legal Advice It Obtained Regarding XRP's Status

  • Crypto Market Cap Added $300B in 7 Days as Altcoins Explode: The Weekly Recap

  • Binance CEO CZ: Coinbase Listing Gave Us 'Very Clear Playbook' in the US

  • Gauhati University to hold UG, PG exams in June in online mode

  • Head of SEC Wants Congress To Consider New Protections for Crypto Investors

  • Binance CEO CZ Still Says His Company Has No Headquarters

  • ​​COINS THAT RECENTLY HAVE REACHED NEW ATH!

  • ​​Ethermon (EMON) whitelist for Polkastarter IDO is Now Open!The final list of 1250 whitelisted addresses will be published by May 16th. $200,000 US...

  • #Binance P2P Supports New Payment Methods for Kazakhstani Tenge $KZT, Polish Zloty $PLN, Georgian Lari $GEL and Armenian Dram $AMD [binance.com]

  • Dollar Down, Feels Pressure Over Positive U.S. Employment Data By Investing.com

  • The truth about Ethereum’s rally you need to know, if you’re an ETH investor

  • NFTs Disrupt Sports World — What This Means for Athletes

  • Elon Musk sounds caution on cryptocurrency: ‘Don’t risk life savings, invest with caution’

  • $PRYZ New Launch tonight with backing of big UK Tiktoker - Holder Rewards With A Difference

  • Bitcoin’s upcoming Taproot upgrade and why it matters for the network

  • Pfizer seeks full FDA approval of COVID-19 vaccine

  • Pfizer seeks full FDA approval of COVID-19 vaccine

  • $OTAKU – Presale has started | 30% of Round 4 fullfilled| Brings yield farming and NFT to the next level | Unique AMM and NFT-Ecosystem | In a wonderful anime style | Cross-chain

  • Poland Should Introduce CBDC To Protect Its Economy - Stock Exchange CEO

  • 💊 Get it hard with VIAGRA 🍆 | Amazing gem, under 70k Marketcap | Very good tokenomics, holders growing, its exploding and shooting up 💦

  • Bitcoin and Ethereum Move Higher, Altcoins Remain Attractive

  • ​​Globe (GDT) has announced the Balancer Liquidity Bootstrapping Pool on May 10th!Globe will auction up to 3.75% (15,000,000 GDT) of the total GDT t...

  • ​​IoTeX has been appointed Vice Chair of the IEEE Standard for "Blockchain Use in IoT"!IoTeX has been appointed to Vice Chair of the IEEE P2418.1 St...

  • Community Driving the Value of Coins, Says Paxos CEO

  • Vitalik Buterin Talks NFTs, DAOs, DeFi and the Next Billion Ethereum Users

  • Load more
Fri, May 7, 2021 5:44 PM by The Coinshark

Turkey will track crypto transactions over $1,200

Turkey will track crypto transactions over $1,200? Turkish Ministry of Finance, in collaboration with the MASAK, has announced that all cryptocurrency transactions over 10,000 lira or 1,200 will now be tracked. Minister Lutfi Elvan stated this on the local CNN channel. After the widespread fraud across the country by the Thodex cryptoexchange and the tightening of the rules for regulating digital currencies in Turkey since April 30, the issue of controlling the new asset class has become especially relevant for local authorities. The central bank, in turn, called the tokens a non-monetary asset, forbidding them to be used to pay for goods and services. After a wave of discontent around Thodex and its leadership, the Government gave MASAK a wide range of powers to conduct forced audits and track suspicious activity on cryptocurrency marketplaces. The very same representatives of the exchanges, according to the minister, will be forced to share data about their customers within 10 days after making transactions worth more than 10,000 lira. BRSA, as well as the CMB helped the agency in shaping the bill. It is clear that the Turkish crypto community is unlikely to be happy with such an innovation. We will try to keep you informed about how netizens will react to the decision of local authorities. Subscribe to our Telegram, Twitter and Facebook to be the first to know the news of cryptocurrencies!

Read full