Turkey tightens crypto regulations with new rules for exchanges, custodians

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. An excerpt from the title page of the CASP regulation doc...