Türkiye
Regulated Partly Confirmed
Türkiye brought crypto-asset service providers under the Capital Markets Board in 2024 and issued detailed establishment and operating rules in 2025. Crypto payments remain prohibited.
2
Total Laws (incl. applicable EU-wide)
0
Effective Laws
At a Glance
Is holding crypto allowed?
Allowed
Is crypto trading allowed?
Regulated
Is P2P trading allowed?
Regulated
Are crypto payments allowed?
Prohibited
Is crypto legal tender?
No
Is mining allowed?
Allowed
Is staking allowed?
Regulated
Is DeFi participation allowed?
Restricted
Are stablecoins allowed or regulated?
Regulated
Activity Status Matrix
| Activity | Status | Details |
|---|---|---|
| Holding Crypto | Allowed | Is holding crypto allowed? |
| Crypto Trading | Regulated | Is crypto trading allowed? |
| P2P Trading | Regulated | Is P2P trading allowed? |
| Crypto Payments | Prohibited | Are crypto payments allowed? |
| Legal Tender | No | Is crypto legal tender? |
| Mining | Allowed | Is mining allowed? |
| Staking | Regulated | Is staking allowed? |
| DeFi | Restricted | Is DeFi participation allowed? |
| Stablecoins | Regulated | Are stablecoins allowed or regulated? |
| NFTs | Regulated | Are NFTs allowed or regulated? |
| Token Launches | Regulated | Are token launches allowed? |
| Crypto Advertising | Regulated | Is crypto advertising allowed? |
| Banking Access | Regulated | Do crypto businesses have banking access? |
Regulation Overview
Law 7518 amended Türkiye's Capital Markets Law to define crypto assets and bring trading platforms, custody and related service providers under SPK supervision. Secondary regulations published in March 2025 set establishment, capital, governance, custody, technology, listing and operating standards. Existing applicants appear on SPK activity lists, but listing is not always equivalent to completion of every licence step. The Central Bank's 2021 regulation prohibits direct or indirect use of crypto assets in payments.
Tax Information
Türkiye has not established a simple dedicated individual crypto capital-gains tax rule. Business and professional activity can be taxable under ordinary income/corporate rules, and future legislation may change treatment.
Individual Tax Treatment
Individuals should not assume permanent tax exemption. Maintain Turkish-lira transaction and wallet records and check whether activity constitutes commercial income or another taxable category.
Business Tax Treatment
Companies include crypto-related revenue and gains in corporate accounts and assess VAT, withholding, payroll and transfer-pricing rules according to the service.
Business & Licensing
Platforms and custodians need SPK authorisation under the Capital Markets Law and 2025 regulations, including capital, governance, systems, custody and reporting compliance.
AML / KYC Requirements
CASPs are AML-obliged entities under MASAK rules and must perform KYC, beneficial-owner checks, transaction monitoring, transfer-data controls, sanctions screening and suspicious reporting.
Crypto Laws & Regulations in Türkiye
Regulationeffective
Türkiye Crypto Payment Ban
Regulation on the Disuse of Crypto Assets in Payments
Ref: Payment Regulation 2021
Prohibits direct or indirect use of crypto assets in payments and related payment services.
PaymentsProhibitionBanking
Official Source Acteffective
Türkiye Crypto Asset Law 2024
Law 7518 amending the Capital Markets Law
Ref: Law 7518
Brings crypto-asset service providers under SPK supervision.
LicensingExchangesCustodyConsumer Protection
Official Source 
