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Turkey on the Verge of Change in the Cryptocurrency Sector

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by Giorgi Kostiuk

6 hours ago


Turkey's crypto ecosystem is undergoing significant changes driven by heightened awareness, new regulations, and market evolution.

Widespread Awareness and Societal Integration

In recent years, cryptocurrency has emerged as a prominent topic in Turkish society. According to Paribu's annual survey, public awareness of cryptocurrency was 99% in both 2023 and 2024, indicating its integration into the national consciousness.

Changing Behaviors and New Motivations

New research reveals that 27% of respondents engaged in cryptocurrency trading in 2024, an increase of 1.9% from the previous year. This reflects a shift from short-term trading to a growing interest in cryptocurrencies as long-term investments, opening up new opportunities for financial participation.

A New Regulatory Horizon

In 2025, Turkey introduced new regulatory frameworks for the crypto sector. Mandatory licensing for crypto asset service providers regulated by the Capital Markets Board demonstrates a commitment to transparency and trust in the industry, facilitating growth in the financial sector.

Turkey is on a path to shaping a new economic paradigm in the crypto industry that considers the interests of individual users and society as a whole.

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