🇹🇷 A New Crypto Law Has Been Published in Turkey – Here Are the Key Provisions

I am clarifying frequently asked questions about the New Crypto Law published today in the Official Gazette 👇

🔹 1. Stable Coin Transfer Limits Introduced
✔️ A limit of 3,000 USD daily and 50,000 USD monthly has been introduced for stable coin transfers such as (USDT, USDC, etc. from crypto platforms in Turkey to global platforms.
✔️ On platforms compliant with the "Travel rule", these limits can be daily 6,000 USD and monthly 100,000 USD.

🔹 2. Waiting Period for Transfers Will Be Applied
✔️ Transfer transactions can be processed at least 48 hours after asset purchase/exchange transactions.
✔️ For withdrawal transactions that will be made for the first time, this period will be at least 72 hours.

📝 Example
If you want to send stable coins from your crypto account in Turkey to your global account;

A waiting period of 48 hours will be applied,

You can send a maximum of 3,000 USD daily and a maximum of 50,000 USD monthly.

🔹 3. There is no limit on other coin transfers, there is a waiting period.
✔️ There are no limits on BTC, ETH, and other altcoin transfers, but waiting times will still apply.

🔹 4. No Restrictions on Transfers from Global to Turkey
✔️ There will be no waiting time or limit applied for transfers made from global platforms to crypto platforms in Turkey.

📝 Example
All asset transfers from your global account to your crypto account in Turkey can be made unlimited and without any waiting period.

🔹 No Limit on TL Withdrawals
✔️ There is no duration or limit on TL withdrawals from your bank account to Turkish crypto platforms.

---

This law is a very important step in controlling the outflow of foreign exchange from our country and preventing the money laundering methods of illegal betting-fraud networks. Additionally, regulating the crypto market is crucial for protecting individual investors.

❤️ Don't forget to like, share, and comment for more people to become aware.
) #Bitcoin# #Ethereum# #USDT# #BTC#