<ul data-eligibleForWebStory="false"><li>Turkey has blocked access to 46 cryptocurrency platforms in a severe regulatory crackdown, affecting thousands of Turkish crypto users.</li><li>The crackdown targets both centralized and decentralized exchanges, with new rules requiring mandatory user verification (KYC) and withdrawal delays for enhanced monitoring.</li><li>The move has faced severe backlash, with critics stating that Turkey's actions are about control and extending state oversight over the fast-growing crypto market.</li><li>The Turkish government cited combating money laundering, terrorism financing, consumer protection, and financial stability as reasons for their aggressive regulatory actions.</li></ul>

Turkey Blocks 46 Crypto Platforms In Big Crackdown: Faces Severe backlash

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