Turkey tightens crypto regulations with new rules for exchanges, custodians

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The Turkish Capital Markets Board established full regulatory control over crypto asset platforms, taking responsibility for CASP licensing, operations and compliance.

Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs).

On March 13, Turkey’s Capital Markets Board (CMB) published two regulatory documents regarding the licensing and operations of CASPs, including crypto exchanges, custodians and wallet service providers.

The framework grants the CMB full oversight of crypto platforms, ensuring compliance with national and international standards.

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