bitumb, It is known as one of the largest cryptocurrency exchanges in South Korea and the world. The giant cryptocurrency exchange had to make an interesting decision, especially due to the harsh regulatory environment in South Korea.
Looking at the statement made on January 24, it seems that the cryptocurrency exchange has stopped withdrawing funds to unverified personal wallets.
Another cryptocurrency exchange coinone also took a similar step last month, and it seems that this is actually due to incoming pressure.
Within the scope of the new regulation, users can only register a single private wallet, and with this registration, that wallet is actually transferred to the necessary authorities that belong to this user.
Those who register on the exchange have to introduce their personal wallets while registering and then pass KYC controls. The crypto exchange announced that it will block transfers to other crypto wallets other than this wallet.
Could a similar regulation come to Turkey?
In the statement made by the cryptocurrency exchange, it was stated that this ban came within the scope of the regulations of FATF.
Turkey too FATF known to be obligated to abide by the rules.
However, there was a statement that the foreign stock markets would not be blocked by the government within the scope of the new law to be enacted, which has been on the agenda recently, and that they had no such thoughts.
Especially TurkeyAt this time, when the regulation in , is almost ready, the latest Omer Celik In his statement yesterday, he gave the signals that the regulation will come soon.