Posted 11/1/2023, 8:10:00 AM
Turkey Drafting Crypto Asset Law to Get Off FATF Grey List
- Turkey preparing new legislation on crypto-assets to get removed from FATF "grey list"
- FATF downgraded Turkey to grey list in 2021 for insufficient action against money laundering and terrorism financing
- Finance Minister says Turkey fully compliant with 39 of 40 FATF standards, only issue is crypto assets
- Minister says law proposal on crypto-assets will be submitted to parliament soon
- Minister believes there will be no reason for Turkey to stay on grey list after crypto asset law passed