---
type: country
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "fatf", "legal"]
aliases: ["TR", "TUR", "Türkiye"]
created: 2026-04-13
updated: 2026-02-20
compile_into: ["[[country--turkey]]"]
sources:
  - name: "CMB Turkey"
    url: "https://www.cmb.gov.tr"
    type: "official"
  - name: "BDDK"
    url: "https://www.bddk.org.tr"
    type: "official"
  - name: "Turkish Official Gazette"
    url: "https://www.mevzuat.gov.tr"
    type: "official"
---

# 🇹🇷 [[country--turkey|Turkey]] (TR) — Crypto Regulation

> Turkey regulates cryptocurrencies under the Capital Markets Law No. 7518 (2024) and CMB Communiques III-35/B.1 & B.2 (2025), providing a clear legal framework for crypto activities.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Risk Score | 45/100 (Moderate Risk) |
| Enforcement Level | High |
| Region | [[domain--europe|europe]] |
| Currency | [[entity--try|TRY]] |
| Adoption Rank | #4 |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | No specific crypto capital gains tax (proposed legislation pending) |
| Capital Gains (Corporate) | 25% corporate tax |
| VAT on Crypto | No |

Specific tax rates for crypto are not detailed on the regulator page; VAT does not apply to crypto transactions.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--cmb|CMB]] / CBRT |
| Framework | Capital Markets Law No. 7518 (2024) and CMB Communiques III-35/B.1 & B.2 (2025) |
| Ease | medium |
| Cost | $2,700,000 - $14,000,000 |
| Timeline | 6-12 months |

Licensing is regulated under the Capital Markets Law and related communiques, requiring compliance with capital market regulations.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| [[concept--fatf|FATF]] Member | Yes |
| FATF Status | compliant |

## DeFi

**Status:** regulated

DeFi activities are regulated under the same framework as other crypto assets, requiring compliance with capital markets regulations.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the Capital Markets Law and related communiques, requiring issuer licensing and compliance.

## NFTs

**Status:** Unclear

No NFT-specific regulation. The 2024 crypto law may cover NFTs depending on classification. Turkey has an active NFT art scene.

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.078/kWh |
| Renewable Energy | 42% |
| Climate | temperate |
| Infrastructure | good |

Mining is legal but subject to restrictions and regulations; electricity cost is moderate with a significant renewable energy share.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 40/100 |
| Ease of Business | moderate |
| Internet Freedom | partly_free |
| Banking Access | moderate |

## Enforcement

Turkish authorities arrested the founder of collapsed exchange Thodex. MASAK has investigated crypto-related money laundering cases. CMB has begun enforcing licensing requirements under the 2024 law.

## CBDC Status: pilot

---

*Data source: [Soken Crypto Legal Map](https://soken.dev/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [CMB Turkey](https://www.cmb.gov.tr)
- [BDDK](https://www.bddk.org.tr)
- [Turkish Official Gazette](https://www.mevzuat.gov.tr)