Turkey’s Finance Ministry plans new rules requiring crypto platforms to collect source and purpose data, with limits on stablecoin transfers. Turkey is preparing to impose stricter regulations on crypto transactions to combat money laundering and financial crime, according to information obtained by the state-run Anadolu Agency (AA). Under the proposed measures, crypto platforms will be required to collect detailed information on the origin and purpose of every transfer. Users will be required to provide a transaction description of at least 20 characters for each transfer, AA said in a Tuesday report. In addition to transaction descriptions, platforms will be required to apply holding periods on crypto withdrawals when the Travel Rule does not apply. These include a 48-hour delay for most withdrawals and a 72-hour delay for the first withdrawal from any account. Read more
KYIV: Russia and Ukraine said they exchanged an unspecified number of sick and wounded prisoners of war on Tuesday under an agreement reached at peace talks last week in Turkey. The handover took place after an initial swap of prisoners under the age of 25 was conducted on Monday. “Today marks the first stage of […]
Three children and an adult died Thursday when a fire broke out in a 13-storey apartment block in Diyarbakir, the main city in Turkey’s Kurdish-majority southeast, local officials said. Diyarbakır Governor Murat Zorluoglu said the fire began around 6:30 pm (1530 GMT) on the eve of Turkey’s Eid al-Adha celebrations. “Seventeen wounded people were transferred […]
Russia’s Vladimir Putin spurned a challenge to meet face-to-face with Volodymyr Zelenskiy in Turkey on Thursday, instead sending a second-tier delegation to planned peace talks, while Ukraine’s president said his defence minister would head up Kyiv’s team. They will be the first direct talks between the sides since March 2022, but hopes of a major […]