2025-12-28 10:24:31

Starting from the New Year, new regulations regarding money transfers will come into effect in Turkey. For transfers of 200,000 TL and above, it will be mandatory to disclose the source of funds and the purpose of the transaction. Even stricter conditions will be implemented at the 20 million TL threshold—at this level, supporting documents verifying the origin of the money will be required. Transactions that do not comply with the disclosure and documentation requirements will not be processed. These measures are part of efforts to enhance financial transparency and KYC compliance.

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ProtocolRebel

· 12h ago

Turkey is really strict this time, requiring source verification starting from 200,000? It feels like the privacy space is getting smaller and smaller...

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StakeOrRegret

· 12h ago

Turkey's recent KYC crackdown is really intense. For amounts starting at 200,000 TL, you have to explain the source, and for 20 million, complete documentation is required. It feels like big investors are going to be overwhelmed.

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BlockchainFoodie

· 12h ago

ngl turkey's really cooking up something here... like honestly this is just on-chain transparency but make it TradFi. kinda based tbh, reminds me of how every ingredient in a michelin kitchen needs provenance documentation except— wait, they're actually enforcing it? wild move

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