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Turkey plans to strengthen regulation of financial accounts to combat crime.
According to news from Hash World, Turkey plans to give its financial crime regulatory agency Masak greater powers, including freezing and restricting access to bank and cryptocurrency accounts, in order to combat money laundering and financial crimes. The related measures comply with the anti-money laundering standards of the Financial Action Task Force (FATF) and are expected to be advanced through legislation. If the new regulations are approved, Masak will have the authority to close accounts suspected of illegal
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