ANKARA Finance Minister Mehmet Şimşek on Wednesday issued a strong warning to cryptocurrency service providers and payment institutions, emphasizing that the country will not allow its financial system to be abused for illicit activities. Şimşek detailed recent regulatory steps taken by the Financial Crimes Investigation Board ( MASAK ), including new compliance requirements that went into effect following a decree published in the Official Gazette on December 25, 2024. “We are determined to