SPK Communiques III-35/B.1 and III-35/B.2 are the principal implementing regulations under Turkey's Law No. 7518. They detail establishment and activity conditions for CASPs, set operational, governance and internal-control requirements, and establish capital-adequacy and continuing compliance rules for CASP applicants and licensed operators under the amended Capital Markets Law.
Turkey
Regulated
Turkey brought crypto-asset service providers under SPK regulation in 2024 and issued implementing regulations in 2025.
2
Total Laws (incl. applicable EU-wide)
0
Effective Laws
At a Glance
Is holding crypto allowed?
Unclear
Is crypto trading allowed?
Unclear
Is P2P trading allowed?
Unclear
Are crypto payments allowed?
Unclear
Is crypto legal tender?
Unclear
Is mining allowed?
Unclear
Is staking allowed?
Unclear
Is DeFi participation allowed?
Unclear
Are stablecoins allowed or regulated?
Unclear
Activity Status Matrix
| Activity | Status | Details |
|---|---|---|
| Holding Crypto | — | Is holding crypto allowed? |
| Crypto Trading | — | Is crypto trading allowed? |
| P2P Trading | — | Is P2P trading allowed? |
| Crypto Payments | — | Are crypto payments allowed? |
| Legal Tender | — | Is crypto legal tender? |
| Mining | — | Is mining allowed? |
| Staking | — | Is staking allowed? |
| DeFi | — | Is DeFi participation allowed? |
| Stablecoins | — | Are stablecoins allowed or regulated? |
| NFTs | — | Are NFTs allowed or regulated? |
| Token Launches | — | Are token launches allowed? |
| Crypto Advertising | — | Is crypto advertising allowed? |
| Banking Access | — | Do crypto businesses have banking access? |
Tax Information
Verified tax information is not currently available.
Crypto Laws & Regulations in Turkey
Regulationeffective
Communiques III-35/B.1 and III-35/B.2 — CASP Establishment, Operations and Capital Adequacy
Tebliğler III-35/B.1 ve III-35/B.2 — Kripto Varlık Hizmet Sağlayıcılarına İlişkin Tebliğler
Effective: March 13, 2025Ref: Communique III-35/B.1; Communique III-35/B.2
LicensingExchangesAML/KYC
Official Source Amendmenteffective
Law No. 7518 Amending the Capital Markets Law — Crypto Asset Service Providers
Sermaye Piyasası Kanununda Değişiklik Yapılmasına Dair Kanun No. 7518
Effective: July 2, 2024Ref: Law No. 7518
Turkey's Law No. 7518 amends the Capital Markets Law to place crypto-asset service providers (CASPs) under regulation and supervision by the Capital Markets Board of Turkey (SPK). It creates authorisation, governance, custody and enforcement foundations for the CASP sector, requires transition of existing operators and supports the secondary regulation framework implemented through SPK communiques.
LicensingExchangesAML/KYC
Official Source 
