Turkey Tightens Crypto Regulations in 2025 Amid Market Growth

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2025-06-30 11:29:02

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Turkey has emerged as a pivotal player in the global cryptocurrency market, ranking fourth in trading volume. While crypto trading remains legal, the use of digital assets for payments is prohibited. The government is now implementing stricter compliance measures to enhance security and oversight.

Finance Minister Mehmet Simsek announced new transfer limits and withdrawal waiting periods. crypto withdrawals will face wiring delays of 48 to 72 hours where the travel rule doesn't apply. Stablecoin transfers are capped at $3,000 daily and $5,000 monthly.

The Turkish Capital Market Board (CMB) introduced rigorous licensing rules for crypto asset service providers (CASPs), targeting platforms, custody services, and foreign operators. These measures aim to balance market growth with regulatory control.

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