What rules has Turkey's Capital Markets Board set for crypto asset service providers?
Confirmed Published 1 min read
Short answer
Turkey’s Capital Markets Board announced that Communiqués III-35/B.1 on the establishment and operating principles of crypto asset service providers, and III-35/B.2 on their working procedures and capital adequacy, entered into force upon publication in Official Gazette No. 32840 on March 13, 2025.
The full answer
What did Capital Markets Board of Türkiye state?
On March 13, 2025, Capital Markets Board of Türkiye stated the following. Turkey’s Capital Markets Board announced that Communiqués III-35/B.1 on the establishment and operating principles of crypto asset service providers, and III-35/B.2 on their working procedures and capital adequacy, entered into force upon publication in Official Gazette No. 32840 on March 13, 2025. [1]
The source’s own words, in the original language: ““III-35/B.1 sayılı Kripto Varlık Hizmet Sağlayıcıların Kuruluş ve Faaliyet Esasları Hakkında Tebliğ” (III-35/B.1 sayılı Tebliğ) ve “III-35/B.2 sayılı Kripto Varlık Hizmet Sağlayıcıların Çalışma Usul ve Esasları ile Sermaye Yeterliliği Hakkında Tebliğ” (III-35/B.2 sayılı Tebliğ) 13/3/2025 tarihli ve 32840 sayılı Resmi Gazete’de yayımlanarak yürürlüğe girmiştir.” [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 What does Turkey’s Capital Markets Board now regulate for crypto asset service providers?
What we know
- Turkey’s Capital Markets Board announced that Communiqués III-35/B.1 on the establishment and operating principles of crypto asset service providers, and III-35/B.2 on their working procedures and capital adequacy, entered into force upon publication in Official Gazette No. 32840 on March 13, 2025 (Capital Markets Board of Türkiye, March 13, 2025).
In plain English
Turkey’s Capital Markets Board announced that Communiqués III-35/B.1 on the establishment and operating principles of crypto asset service providers, and III-35/B.2 on their working procedures and capital adequacy, entered into force upon publication in Official Gazette No. 32840 on March 13, 2025.
Sources
- Sermaye Piyasası Kurulu (Capital Markets Board of Türkiye) press release, spk.gov.tr — Capital Markets Board of Türkiye, 2025-03-13 Primary
Update log
- — Published.
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