Turkey

Law No. 7518 Amending the Capital Markets Law

7518 sayılı Sermaye Piyasası Kanununda Değişiklik Yapılmasına Dair Kanun

Defines crypto assets and crypto asset service providers, requires CMB authorisation for trading platforms and custodians, and adds criminal penalties for unlicensed activity. Published and in force on 2 July 2024.

Grand National Assembly of Türkiye (Official Gazette No. 32590)

CMB Bulletin 2026/59: Establishment permit for a new crypto platform

SPK Bülteni 2026/59

Approves AHL Gold E-Ticaret's application to establish Ahlatcı Kripto Varlık Alım Satım Platformu, the latest new entrant to receive an establishment (not operating) permit.

Capital Markets Board (CMB/SPK)

CMB Bulletin 2026/34: Authorisation of Crypto Asset Service Providers

SPK Bülteni 2026/34

Grants the first crypto asset custodian operating permits, to Akbank, Türkiye Garanti Bankası and Yapı ve Kredi Bankası, and establishment permits for two new platforms, Fiba and Goldtag.

Capital Markets Board (CMB/SPK)

CMB Bulletin 2026/18: Extension of crypto asset service provider deadlines

SPK Bülteni 2026/18

Extends two deadlines under III-35/B.1: for platforms to sign custody contracts and file them with the CMB, and for listed firms to obtain authorisation. Both will be set once CMB-authorised custodians are widely serving platforms. It also grants Yapı Kredi an establishment permit for a new platform.

Capital Markets Board (CMB/SPK)

CMB Bulletin 2025/68: Amounts updated for 2026

SPK Bülteni 2025/68

Revalues monetary thresholds for 2026, raising minimum capital to TRY 250 million for crypto trading platforms and TRY 630 million for crypto custodians.

Capital Markets Board (CMB/SPK)

Information Systems and Technological Infrastructure Criteria for Crypto Asset Service Providers

Announces the mandatory technical controls for crypto firms under the Capital Markets Law, covering hot and cold wallet security, key management, governance and business continuity.

TÜBİTAK BİLGEM

Communiqué on the Principles of Establishment and Operation of Crypto Asset Service Providers (III-35/B.1)

Kripto Varlık Hizmet Sağlayıcıların Kuruluş ve Faaliyet Esasları Hakkında Tebliğ (III-35/B.1)

Sets the two-stage licensing process (establishment then operating permit), ownership and management rules, internal controls, IT systems, independent audit and proof-of-reserves audits.

Capital Markets Board (CMB/SPK), Official Gazette No. 32840

Communiqué on the Working Procedures and Principles and Capital Adequacy of Crypto Asset Service Providers (III-35/B.2)

Kripto Varlık Hizmet Sağlayıcıların Çalışma Usul ve Esasları ile Sermaye Yeterliliği Hakkında Tebliğ (III-35/B.2)

Governs permitted services, trading venues, custody and transfers, token listing, and minimum capital for platforms and custodians.

Capital Markets Board (CMB/SPK), Official Gazette No. 32840

Communiqué Amending the Communiqué on Remote Identification Methods for Brokers, Portfolio Managers and Crypto Asset Service Providers (III-42.1.b)

Aracı Kurumlar, Portföy Yönetim Şirketleri ve Kripto Varlık Hizmet Sağlayıcılar Tarafından Kullanılacak Uzaktan Kimlik Tespiti Yöntemlerine ve Elektronik Ortamda Sözleşme İlişkisinin Kurulmasına İlişkin Tebliğ (III-42.1)'de Değişiklik Yapılmasına Dair Tebliğ (III-42.1.b)

Lets crypto asset service providers, brokers and portfolio managers onboard non-Turkish nationals remotely with NFC-enabled passports and onboard companies through their authorised representatives. Address checks are required within three months, and no money or crypto may be transferred until the address is confirmed. In force on publication.

Capital Markets Board (CMB/SPK), Official Gazette No. 33359

MASAK General Communiqué No. 29

Mali Suçları Araştırma Kurulu Genel Tebliği (Sıra No: 29)

Imposes enhanced customer due diligence on crypto firms, 48-hour holds on withdrawals (72 hours for a first withdrawal) and caps stablecoin withdrawals at $3,000 a day and $50,000 a month.

Ministry of Treasury and Finance / MASAK (Official Gazette No. 32940)

Amendment to the Regulation on Measures Regarding Prevention of Laundering Proceeds of Crime and Financing of Terrorism (travel rule)

Suç Gelirlerinin Aklanmasının ve Terörün Finansmanının Önlenmesine Dair Tedbirler Hakkında Yönetmelikte Değişiklik Yapılmasına Dair Yönetmelik

Adds Article 24/A, requiring crypto service providers to collect and pass on originator and beneficiary information for crypto transfers. Published 25 December 2024, in force 25 February 2025.

Presidency of Türkiye / MASAK (Official Gazette No. 32763)

Presidential Decision No. 3941 amending the Regulation on Measures Regarding Prevention of Laundering Proceeds of Crime and Financing of Terrorism

Suç Gelirlerinin Aklanmasının ve Terörün Finansmanının Önlenmesine Dair Tedbirler Hakkında Yönetmelikte Değişiklik

Adds crypto asset service providers to the list of obliged parties under Turkey's AML/CFT measures, subject to MASAK supervision.

Presidency of Türkiye (Official Gazette No. 31471)

Regulation on the Disuse of Crypto Assets in Payments

Ödemelerde Kripto Varlıkların Kullanılmamasına Dair Yönetmelik

Bans the direct or indirect use of crypto assets to pay for goods and services and bars payment and e-money institutions from routing funds to crypto platforms. In force 30 April 2021.

Central Bank of the Republic of Türkiye (CBRT), Official Gazette No. 31456