Secondary Legislation on the Crypto Asset Service Providers

Communiqué on the Principles of Establishment and Operations of Crypto Asset Service Providers (Communiqué: III-35/B.1) (“Principles Communiqué”) and Communiqué on the Operating Procedures and Capital Adequacy of Crypto Asset Service Providers (Communiqué: III-35/B.2) (“Capital Adequacy Communiqué”) issued by the Capital Markets Board pursuant to the “Law Amending the Capital Markets Law” known as the Crypto Asset Law published in the Official Gazette dated July 2, 2024 and numbered 32590 were published in the Official Gazette dated March 13, 2025 and numbered 32840. 

The Communiqués introduced obligations regarding the capital adequacy of crypto asset service providers and criteria for their operations. 

In addition to the Communiqués, the Turkish Scientific and Technological Research Council published the “Crypto Asset Service Providers Information Systems and Technological Infrastructure Criteria” (“TSTRC Criteria”) regarding the information systems and technical and technological infrastructure of crypto asset service providers as a draft on TSTRC's website.

You may access our guidelines on the Communiqués and TSTRC Criteria here.