Turkey’s central bank last month banned the use of crypto-assets for payments on the grounds that such transactions were risky

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Turkey has added cryptocurrency trading platforms to the list of companies covered by anti-money laundering and terrorist financing regulations, it said in a presidential decree issued on Saturday morning.

The Official Journal said the latest extension to the rules governing cryptocurrency transactions in the country will take effect immediately and cover “crypto asset service providers,” who would be subject to existing regulations.

Read also | Crypto Market Cap Rises To Record $ 2 Billion, Bitcoin To $ 1.1 Billion

Turkey’s central bank last month banned the use of crypto-assets for payments on the grounds that such transactions were risky. In the days that followed, two Turkey-based cryptocurrency trading platforms were shut down in separate investigations.

The investigation into one of them, Thodex, led to the imprisonment on Thursday of six suspects, including the siblings of its managing director, Faruk Fatih Ozer, whom Turkish authorities are looking for after his trip to Albania.