Türkiye scores passing grades on FATF assessment, but prosecution backlog is a red flag

Crypto Insight Summary: Türkiye scored passing grades on most of the Financial Action Task Force’s (FATF) anti-money-laundering standards, per the Wednesday release by the financial regulator, building on the jurisdiction’s progress since it exited the FATF gray list in June 2024. However, the country is not yet in the clear as it only got upgraded for enhanced follow-up... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: FATF assessment progress reduces regulatory risk but backlog limits upside for crypto markets.