Turkey Pursues Crypto Regulations to Leave the FATF Grey List

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.