SectorWire
SearchGet the daily briefing
Menu

MASAK reports blocking TL5bn in proceeds linked to illegal gambling in 2025

Enforcement & compliance

Turkey’s Financial Crimes Investigation Board (MASAK) blocked TL5bn in illicit proceeds within the financial system last year, Treasury and Finance Minister Mehmet Şimşek said, according to reports. The report also says MASAK suspended six payment and e-money businesses with the central bank, seized assets under court orders and sent more than 500 reports and intelligence notes to police and courts.

The reported action signals heightened financial-crime scrutiny of payment channels connected to illegal betting in Turkey.

Request a correction

Keep reading

Enforcement & compliance

Czech Finance Ministry lists Polymarket for blocking over alleged illegal gambling

The Czech Ministry of Finance added Polymarket to its register of websites authorities consider to offer illegal online gambling, reportedly requiring internet providers to block access within a set period. Czech authorities say the platform’s wagers on uncertain outcomes fall under gambling rules and point to its lack of a local licence and consumer-protection risks.

Continue reading