Turkey introduced comprehensive crypto regulations. CASPs require SPK license, and AML/KYC compliance is mandatory.
CASP Licensing
SPK license mandatory for exchanges and custodians.
Minimum capital and IT security requirements.
Taxation
Capital gains taxable under personal income tax.
VAT exemption for crypto-to-crypto trades.
AML and KYC
Crypto exchanges classified as financial institutions for AML.
Suspicious transaction reporting to MASAK mandatory.
Frequently Asked Questions
Can I pay with crypto in Turkey?
No, crypto payments for goods and services prohibited.
Is crypto trading legal in Turkey?
Yes, on licensed platforms.