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The dispute was the latest in a broader tug-of-war between the crypto sector and the top US markets regulator, which has repeatedly said most crypto tokens are securities and subject to its jurisdiction.
Ankara promised the regulations last month amidst a years-long boom in crypto trading, as soaring inflation and a plunging lira currency drives a demand for alternative assets.
Turkey is also seeking to address concerns raised by Paris-based financial watchdog The Financial Action Task Force (FATF), which placed the country on its so-called grey list of countries at risk of money laundering and other financial crimes in 2021.
The Australian government is proposing licensing cryptocurrency trading platforms, along with tighter oversight of customers’ funds. A proposal released today…
The FCA's new rules will protect UK consumers from misleading ads promoting high-risk assets or investment opportunities.