The Turkish Capital Markets Board (CMB) has introduced new regulations for cryptocurrency exchanges, custodians, and wallet providers. Platforms are required to comply with stricter reporting and transparency requirements. Crypto businesses must provide clients with monthly statements of all transactions, and orders can only be accepted through official websites and mobile applications. Deposits collection, real estate purchases for profit, and false promises are also prohibited. Violators are subject to fines and prison terms.
3/14/2025 6:53:43 AM (GMT+1)
The Turkish Capital Markets Board introduces new strict regulations for cryptocurrency exchanges, custodians, and wallet providers to enhance transparency and security
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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