Binance TR, the Turkish arm of the major cryptocurrency exchange Binance, has announced new regulations regarding cryptocurrency transactions in light of changes in Turkey's regulatory landscape.
New Requirements from Binance TR
According to Binance TR's official statement, the new requirements are part of the obligations introduced by the Financial Crimes Investigation Board's General Communiqué published on June 28, 2025. Under these changes, a waiting period will be enforced for all new investments or trading operations involving cryptocurrency assets.
Details on the Waiting Period
Under the new rules, all balances resulting from cryptocurrency transactions made after 3:00 PM on July 4, 2025, will be subject to a 72-hour waiting period. After the first cryptocurrency withdrawal made by users following this period, the waiting time for other assets in their accounts and subsequent investments will be reduced to 48 hours.
Exemptions for TRY Transactions
Binance TR also stated that deposits and withdrawals in Turkish Lira (TRY) will not be subject to any waiting period and will continue at the current speed. Additionally, transactions conducted via Binance TR to crypto asset wallets matching the user’s Turkish ID number will be exempt from the waiting period.
The new policies introduced by Binance TR aim to enhance user security and ensure compliance with legal regulations concerning cryptocurrencies. Investors should consider these new timelines when engaging in transactions.
