Turkey is actively developing its cryptocurrency market, attracting the attention of international businesses. In 2025, new laws and regulations aim to enhance security and minimize financial crimes.
Crypto Regulation in Turkey
In 2025, Turkey is implementing new rules to prevent money laundering and the management of criminal proceeds in cryptocurrencies.
* Finance Minister Mehmet Simsek announced new transfer limits and mandatory waiting periods for withdrawals. Withdrawals will now take between 48 to 72 hours.
* The daily limit for stablecoin transfers will be capped at $3,000 with a monthly limit of $5,000.
What is the Turkish Government Saying About Crypto?
Turkish authorities are focusing on combating illegal activities in the crypto space. Mehmet Simsek stated, "We are taking new steps to prevent the laundering of criminal proceeds obtained from illegal betting and fraud through cryptocurrency transactions."
Key highlights:
* Introducing cryptocurrency rules in line with international standards. * Setting transaction thresholds to prevent fraud.
Crypto Licensing in Turkey 2025
According to the new crypto law, a Capital Markets Board (CMB) verified CASP license is required for crypto exchanges and service providers. Main provisions include:
* The minimum capital requirement for crypto exchanges is 150 million TL ($4.1 million), while for custodians it is 500 million TL ($13.7 million). * Mandatory identification and AML compliance. * The Ministry of Finance holds the power to enforce penalties for non-compliance, including imprisonment for three to five years.
The cryptocurrency market in Turkey is rapidly expanding, offering favorable trading conditions for international businesses. The tightening of regulations is aimed at protecting investors and reducing illegal activities, potentially helping Turkey position itself as a leader in the crypto market.
