Turkey Enacts Tougher AML Rules for Cryptocurrency
Turkey has unveiled a set of enhanced regulations governing cryptocurrency activities, reflecting a global trend toward tighter oversight of digital assets. Announced in late December 2024, these measures draw inspiration from regulatory frameworks in major economies, particularly Europe. The updated rules mandate that individuals conducting cryptocurrency transactions exceeding 15,000 Turkish lira (approximately $425) must provide […]
Russia Allowed to Utilize Bitcoin in International Trade, Finance Minister Confirms
Russia has been making strides in adopting digital financial assets (DFAs) for international trade, adhering to the country’s legal framework, according to a high-ranking official. Anton Siluanov, Russia’s Finance Minister, shared insights on alternatives to the US dollar in global trade during an interview on the state-run news channel Russia-24 on December 25. Siluanov highlighted […]
Bitcoin Bulls Return: BTC Derivatives Signal Potential Rally to $105K
Bitcoin has seen a 6.5% increase since hitting a low of $92,458 on Dec. 23, though it struggled to break past the $98,000 resistance. This recovery follows a sharp 14.5% correction from its all-time high of $108,275 on Dec. 17, showing renewed trader confidence. Derivatives data indicates a neutral-to-bullish outlook, suggesting that recent volatility hasn’t […]