Turkey's draft rules for crypto assets at final stage, minister says

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Turkey's crypto asset regulations, expected to bring licensing and operating standards to trading platforms, are at the final stage, Finance Minister Mehmet Simsek said on Wednesday. The rules are aimed at reducing the risk of trading crypto assets as well as helping the country to be taken off an international financial crime watchdog "grey list", Simsek told the state-owned Anadolu news agency. "Crypto asset trading platforms will be licensed by the Capital Markets Board (CMB), and minimum operating standards will be required ... including some conditions for founders and managers, organizational obligations, capital requirements," Simsek was quoted as saying by Anadolu.
 
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