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Turkey's Cryptocurrency Bill Passed by Turkish Grand National Assembly Commission

May 30, 2024

The cryptocurrency bill in Turkey has been approved by the Commission in the Turkish Grand National Assembly. This draft legislation is set to undergo further discussion in the General Assembly in the upcoming weeks. The Bill on Amendments to the Capital Markets Law, encompassing regulations concerning crypto assets, has been greenlit by the Grand National Assembly of Turkey Planning and Budget Commission as reported by NTV. Extensively examined over an extended period, the proposal incorporates clauses addressing cryptocurrencies, cryptocurrency service providers, and measures aimed at safeguarding customers from potential risks. It is crucial to note that this information does not constitute investment advice.

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