What does Turkey's Capital Markets Board now regulate for crypto asset service providers?

The full answer

What did Capital Markets Board of Türkiye state?

On July 2, 2024, Capital Markets Board of Türkiye stated the following. Turkey’s Capital Markets Board announced that Law No. 7518, published in the Official Gazette on July 2, 2024, placed crypto asset service providers operating or to operate in Turkey under the Board’s regulatory and supervisory authority under Capital Markets Law No. 6362. [1]

The source’s own words, in the original language: “Bilindiği üzere, 7518 sayılı “Sermaye Piyasası Kanunu’nda Değişiklik Yapılmasına Dair Kanun” 02.07.2024 tarihli ve 32590 sayılı Resmi Gazete’de yayımlanarak yürürlüğe girmiştir. Söz konusu düzenleme ile ülkemizde faaliyet gösteren veya gösterecek olan kripto varlık hizmet sağlayıcıları 6362 sayılı Sermaye Piyasası Kanunu (Kanun) kapsamında Kurulumuz düzenleme ve denetimi yetkisi altına alınmıştır.” [1]

Where does this fit on the site?

For the wider picture, see How is XRP classified and regulated outside the US (EU, UK, Japan, Singapore, Canada)? and Can US banks now hold and custody crypto like XRP?. Two related questions are Why does Ripple say its RLUSD stablecoin is gaining traction in Türkiye? and Did Turkey’s Capital Markets Board grant Garanti Bankası a crypto custody licence?