Turkey tightens grip on digital assets

Turkey’s Ministry of Treasury and Finance has introduced new regulations to curb illicit activities in the digital asset space. Platforms must now verify more detailed transaction data, including a written explanation for each transfer and proof of fund origin.

The move is expected to improve transparency and allow authorities to detect suspicious activity earlier.

A mandatory waiting period has been introduced for crypto withdrawals. Assets must remain on the platform for 48 hours after being purchased or exchanged, with a 72-hour delay for first-time withdrawals.

Daily and monthly limits of $3,000 and $50,000 have also been placed on stablecoin transfers, though fully compliant platforms may operate with doubled limits.

Authorities clarified that market-making, arbitrage, and liquidity provision transactions would remain unrestricted. However, platforms that fail to comply risk fines, licence suspensions, or complete bans.

These measures form part of a wider framework introduced in March under Capital Markets Law No. 6362, which mandates capital requirements, audits, and user protections. The new rules build on earlier regulations introduced in early 2025 to align with global anti-money laundering standards.

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