Crypto Regulations In Turkey 2025

The post Crypto Regulations In Turkey 2025 appeared first on Coinpedia Fintech News

With a large and active crypto market, Turkey ranks fourth globally in terms of crypto trading volume. The robust regulatory framework, combined with market growth, has made the nation one of the major players in the cryptocurrency market in 2025. While trading crypto is legal in Turkey, using it for payments is prohibited.

Lately, Turkey has been tightening its compliance requirements for crypto exchanges to increase security.

Crypto Regulation in Turkey 

June 28, 2025- Official Gazette

• The Financial Crime Investigation Board (MASAK), under the Ministry of Treasury and Finance, announced a new regulation published in the Official Gazette to curb illicit activity in the crypto sector.

• Under Law No. 5549, Turkey introduced new transfer limits, mandatory waiting periods, and anti-money laundering (AML) policies in a bold move to tighten oversight.

June 24, 2025- Prevention of money laundering and criminal proceeds in crypto

• Finance Minister Mehmet Simsek revealed that Turkey is introducing new transfer limits and mandatory waiting periods for withdrawals on crypto assets.

• It includes wiring periods for 48 to 72 hours for crypto withdrawals, where the travel rule is not applied. 

• A daily limit of stablecoin transfers to maintain a constant value will be capped at $3,000 with a monthly limit of $5,000, is also mentioned in the proposal. 

March 13, 2025- Communiqué No. III-35/B.1 and the Capital Markets Law and Communiqué No. III-35/B.2

• Turkish Capital Market Board (CMB) has issued new crypto licensing rules to impose stricter oversight on platforms, custody services, and foreign providers. 

• It includes licensing, restrictions, and operational guidelines for crypto asset service providers (CASPs). 

• Most of the regulations in this bill will take effect from June 30, 2025, while the full implementation will be done by the end of the year. 

February 25, 2025- Travel Rule

• The Financial Crimes Investigation Board (MASAK) implemented mandatory identity verification aligned with FATF rules to enhance anti-money laundering (AML) efforts and curb illicit activities. 

• Transactions above 15,000 TL ($425) must provide the sender’s details and the beneficiary’s details. 

January 25, 2025- Deadline for CASPs

• CASPs must implement a compliance program designed to address risks associated with money laundering and financing of terrorism, within one month of appointing a compliance officer. 

• The deadline for CASPs to appoint compliance and deputy compliance officers to oversee the crypto was January 25. Additionally, CMB was granted full control over crypto in Turkey under the new regulation.

What is the Turkish Government Saying About Crypto?

As of 2025, the Turkish government is focusing on reducing illicit activities in the crypto space by imposing new laws to strengthen anti-money laundering efforts. 

The Finance Minister, Mehmet Simsek, said, “We are taking new steps to prevent the laundering of criminal proceeds obtained from illegal betting and fraud through cryptocurrency transactions.” 

Keu Highlights are: 

• Pushing cryptocurrency rules in line with global standards.

• Transaction thresholds were introduced to maintain long-term value with prevention of fraud.

• Turkey’s Scientific and Technological Research Council (TÜBİTAK) will audit the technological system of crypto firms. 

Crypto License in Turkey 2025

Under the new crypto law in Turkey, a Capital Markets Board (CMB) verified CASP license is mandatory for crypto exchanges, wallet providers, and custodians. It underlines:

• The minimum capital threshold for crypto exchanges is 150 million TL ($4.1 million), while 500 million TL ($13.7 million) is required for custodians. 

• Mandatory identity verification and AML compliance. 

• CASPs will be required to invest in compliance infrastructure and create dedicated risk management teams to identify and mitigate various risks. 

• Strict reporting obligations are also compulsory. 

• Penalty: Under Provision / ARTICLE 109/A (Added: 26/6/2024 – Law No. 7518, Article 12), entities found non-compliant will be punished with imprisonment for three to five years and a judicial fine from 5,000 to 10,000 days.

Crypto Tax in Turkey 2025 

Is crypto taxed in Turkey? While there is no specific tax regime for crypto assets, it is subject to the existing general income tax. Profits from crypto may be considered income and may be taxed at progressive tax rates. 

There were proposals for a minimal transaction tax up to 0.03% to support the national budget, but it has not been implemented yet. 

General Income Tax in Turkey 2025:

Crypto Adoption in Turkey 2025

• Users: Current penetration rate is projected to be 28.17% and is anticipated to increase to 28.22% by 2026, reaching over 24.82 million users. 

• Crypto Revenue: The Crypto revenue market in Turkey is expected to reach US$2.2 billion in 2025 and is expected to demonstrate an annual growth of 15.33% resulting in a total amount of US$2.6 billion by 2026. 
• Crypto Holdings: The Government’s crypto holdings is not publicly disclosed; policies focus on imposing stricter rules to enhance transparency and safety for crypto consumers in the region. 

Conclusion 

The crypto market in Turkey is rapidly growing while attracting international businesses to trade with friendly regulations and a fair tax regime. While some countries are focusing on expanding tax rates or increasing the government’s crypto asset holdings, Turkey is focusing on enhancing services for crypto investors and reducing illegal activities. Driven by market growth and security systems, Turkey may soon position itself as a crypto leader.

[article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”Crypto Regulation” category_id=”6″]

FAQs