Turkey tightens cryptocurrency regulation:
- Platforms are required to collect data on the origin and purpose of transfers, including a description text of at least 20 characters .
- Limits are being introduced on stablecoin transfers - $3,000 per day and $50,000 per month, with the possibility of doubling if the rules are fully complied with .
- There are also delays in withdrawals (48-72 hours) and penalties for non-compliance .