By Tyler Durden
The slippery slope analogy of tyrannical control continues to be proven right as Turkey removes the last privacy from its citizens money-changing ways.
Having banned (anonymity-protecting) cryptocurrencies and crypto-assets in April (citing âirreparableâ damage and transaction risks), Bloomberg reports that money-changers in Turkey will be required to record the identities of all of their clients under new rules issued following the Lira’s collapse to fresh record lows against the dollar this week.
In the past, only clients whose transactions were worth $3,000 or more were asked to submit personal information.
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