As July approached, Turkey's cryptocurrency community faced significant changes due to new regulations impacting all licensed exchanges.
Impact of New Rules on Withdrawal Processes
On June 28, 2025, the Financial Crimes Investigation Board unveiled General Communiqué (No: 29), specifically targeting cryptocurrency activities in Turkey. The regulation advocates for heightened user security and strict adherence to legal frameworks. The changes are already in effect on platforms like Binance TR.
Benefits of New Changes for Investors
The recent regulation has introduced a delay in cryptocurrency withdrawal processes. Turkish investors engaging with licensed crypto platforms need to be aware of significant changes. At present:
* Investors must wait 72 hours to withdraw cryptocurrencies from exchange wallets, including moving Bitcoin from Binance TR to another international platform. * New digital currency acquisitions or balances from trade activities will face the same 72-hour delay. * The initial transaction incurs a 72-hour delay, while subsequent actions will have a reduced waiting time of 48 hours.
Recommendations for Traders
While some view these waiting periods with skepticism, there are undeniable advantages. In situations where hackers compromise exchange accounts, such delays provide a crucial time buffer. If investors receive timely alerts, they can maintain control over their funds since attackers cannot deplete accounts within 72 hours.
Turkish traders are encouraged to remain vigilant and leverage these measures to safeguard their assets. The new regulations may offer a window of opportunity for securing investments.