Turkey Introduces Stricter Crypto Regulatory Framework

Turkey has introduced new regulations for the crypto sector, as detailed in two key communiqués published in the Official Gazette on March 13, 2025.

Part of broader amendments to the Capital Markets Law No. 6362, these regulations place crypto asset service providers under the strict oversight of the Capital Markets Board (CMB).

The communiqués—“Communiqué on the Establishment and Operating Principles of Crypto Asset Service Providers” (III-35/B.1) and “Communiqué on the Working Principles and Capital Adequacy of Crypto Asset Service Providers” (III-35/B.2)—outline comprehensive guidelines on establishment, operations, capital adequacy, and customer protection measures.

These reforms represent Turkey’s most extensive regulatory effort in the crypto space to date, following the announcement in December of new AML rules requiring user information for transactions.