Turkey - Bpaynews

Turkey’s New Anti-Money Laundering Law Targets Crypto and Bank Accounts

In a bid to combat money laundering and enhance financial security, Turkish legislation is set to implement measures that could freeze both cryptocurrency and traditional bank accounts. This move comes as part of a broader effort to align with international standards and crack down on illicit financial activities. The Turkish government has been increasingly concerned […]

Turkey Aims to Empower Financial Crimes Board to Combat Illicit Transactions

Latest News / Bpay News / September 30, 2025 / cryptocurrency regulation, Economic Stability, Financial Crimes, MASAK, Turkey

In a move to strengthen its financial oversight, Turkey has proposed granting enhanced powers to its Financial Crimes Investigation Board (MASAK). The initiative aims to enable the agency to freeze both bank and cryptocurrency accounts linked to suspected financial crimes. This proposal comes amid increasing concerns about money laundering, fraud, and other illicit financial activities

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