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CoinOtag 2024-07-02 06:07:44

Turkey Recognizes Cryptocurrencies as Legal Entities Under New Law

Turkey’s adoption of cryptocurrencies as legal entities is a significant step forward in the global crypto regulatory landscape. The new regulation classifies cryptocurrencies as “intangible fixed assets” and mandates oversight from the Capital Markets Board (SPK). Noteworthy details include stringent penalties for unauthorized operations and the requirement for licensed compliance within the crypto industry. Turkey’s

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