Turkish authorities tighten regulation of cryptocurrencies
Turkish legislators plan to submit to the parliament projects that are designed to strengthen control over the cryptocurrency market and introduce taxation of a number of operations with digital assets. Unnamed officials in the country’s government told Bloomberg that President Recep Tayyip Erdogan’s ruling AKP party plans to submit new rules to parliament not only for national cryptocurrency exchange platforms, but also for foreign companies. Legislators’ proposals include a minimum equity cap for cryptocurrency platforms…