Türkiye: crypto and stablecoin regulation (as of 1 November 2026)

As of 2026-11-01

Türkiye regulates crypto-asset service providers (kripto varlık hizmet sağlayıcılar) under the Capital Markets Law No. 6362, as amended by Law No. 7518 in 2024. A service provider must obtain permission from the Capital Markets Board (Sermaye Piyasası Kurulu, SPK, also CMB) to be established and to start operating. A 2021 regulation of the Central Bank of the Republic of Türkiye (TCMB, also CBRT) bans the use of crypto assets in payments. No stablecoin-specific provision was found in the texts this page uses.

This page states what the government sources say. It is not legal advice.

Status as of 1 November 2026

Key rules

• Definition. Law 6362 Art. 3(bb), as amended: a crypto asset (kripto varlık) is an intangible asset that can be created and stored electronically using distributed ledger or similar technology, is distributed over digital networks and can express value or rights. (Resmî Gazete)
• Permission from the CMB. Art. 35/B(1): crypto-asset service providers must obtain permission from the Board to be established and to start operating, and they carry out only the activities the Board determines. (Resmî Gazete)
• Foreign platforms. Art. 99/A(1): activity by platforms resident abroad directed at persons resident in Türkiye, or offering them a crypto-asset activity prohibited under Board rules, also counts as unauthorised crypto-asset service provision. Activities are deemed directed at persons resident in Türkiye if a foreign platform opens a workplace in Türkiye, creates a Turkish-language website, or promotes or markets its crypto-asset services directly or through persons or institutions resident in Türkiye. (Resmî Gazete)
• Own initiative. III-35/B.2 Art. 9(1): provided no promotion, advertising or marketing is directed at persons resident in Türkiye, services that residents obtain from foreign crypto-asset service providers entirely on their own initiative, the accounts they open there, the cash and crypto assets sent to those accounts and the transactions on them are outside the scope of the Communiqué. (Resmî Gazete)
• Custody. Art. 35/C(6): custody of crypto assets that customers do not keep in their own wallets must be provided by banks authorised under Board rules and approved by the Banking Regulation and Supervision Board (BDDK, also BRSA), or by other institutions the Board authorises for crypto custody. Customer cash must be held at banks. (Resmî Gazete)
• No deposit insurance. Crypto assets kept at banks and the related customer cash are not subject to the deposit and participation fund insurance provisions of Art. 63 of Law No. 5411. (Resmî Gazete)
• Segregation. Art. 35/C(7): customers' cash and crypto assets are separate from the service provider's own assets, and records are kept accordingly. (Resmî Gazete)
• Listing. III-35/B.2: platforms may not intermediate the initial sale or distribution of crypto assets assessed as not meeting the Communiqué's minimum listing criteria. (Resmî Gazete)
• Payments ban. CBRT regulation Art. 3(2) and 3(3): crypto assets cannot be used, directly or indirectly, in payments, and no service may be offered for that use. Art. 4(2): payment and e-money institutions cannot intermediate platforms that offer buying, selling, custody, transfer or issuance services for crypto assets, or fund transfers from such platforms. (Resmî Gazete)
• CMB temporary list. The CMB publishes a temporary list (Faaliyette Bulunanlar Listesi, Geçici Liste) of entities that declared they will operate under Provisional Art. 11 of Law 6362; it had 49 rows on 1 November 2026. The CMB states that the list does not mean the entities on it are authorised under the legislation. (SPK)

Timeline

Not covered here

How fiat-referenced tokens are classified is not stated in the sources this page uses: Law No. 7518, Communiqués III-35/B.1 and III-35/B.2 and the CBRT regulation were searched and no term for stablecoins was found. Amendments to III-35/B.1 or III-35/B.2 in 2026, the CMB list of entities in liquidation (Tasfiye Sürecinde Olanlar Listesi) and the reasons for the CMB decision on Bitexen are not covered.

Sources

• https://www.resmigazete.gov.tr/eskiler/2024/07/20240702-1.htm
• https://www.resmigazete.gov.tr/eskiler/2021/04/20210416-4.htm
• https://www.resmigazete.gov.tr/eskiler/2025/03/20250313-5.htm
• https://www.resmigazete.gov.tr/eskiler/2025/03/20250313-6.htm
• https://www.resmigazete.gov.tr/eskiler/2026/09/20260903-3.htm
• https://spk.gov.tr/kurumlar/kripto-varlik-hizmet-saglayicilar/faaliyette-bulunanlar-listesi

Updated: 2026-11-01 · Markdown version