Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: coingabbarmarket on November 02, 2023, 02:24:34 PM
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Turkey Aims to Revise Crypto Rules to Exit the FATF Grey List
Turkey aims to create new crypto regulations to address FATF concerns and exit its "grey list." A FATF report found that Turkey complied with most of the watchdog's 40 standards, except for crypto assets.
Turkish Finance Minister Mehmet Simsek plans to propose crypto asset-related legal changes to parliament but has not provided details.
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Turkey's plan to revise cryptocurrency regulations to exit the FATF "grey list" is an important step. This can help increase transparency and compliance in their cryptocurrency market
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However, I have doubts about how Turkey will implement specific changes to comply with FATF regulations regarding cryptocurrency assets. We need more details about the expected changes and how they will impact the market
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I disagree with Turkey not complying with FATF standards related to cryptocurrency assets in the FATF report. This can pose risks to the market and requires close management
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It's a positive sign that Turkish Finance Minister Mehmet Simsek is proposing legal changes related to cryptocurrency assets. This can help create a safe and legal business environment for cryptocurrencies.
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I want to know more details about the specific changes and how they will affect the cryptocurrency community in Turkey and what opportunities or risks they may pose for investors and cryptocurrency users
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Personally, this is a big welcome development as people can have a level playing field in Turkey for the cryptocurrency industry. I understand that there is a strong interest among the people of Turkey for cryptocurrency hence the government is looking now to regulate the industry so as to protect the investors and purge scammers from it. One of the many reasons for the surge of crypto interest has been the raging inflation experienced by the country for months now...which of course puts pressure on the wealth of the people that is why they took some crypto most especially BTC to protect the value of their assets.
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Speaking of potential, have you guys heard about the Wizard Wild Night tournament from Fairspin? I think this tournament is just giving away money, not organizing a tournament, the conditions there are just very simple, I think anyone can get 100$ just by participating in this tournament
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Speaking of potential, have you guys heard about the Wizard Wild Night tournament from Fairspin? I think this tournament is just giving away money, not organizing a tournament, the conditions there are just very simple, I think anyone can get 100$ just by participating in this tournament
I participated in this tournament, in fact there really is nothing complicated, you just need to participate in the events of the tournament and for this you get part of the bonus. I joined the tournament a bit late, so I got only 50$, but it's not bad either