---
type: city
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "fatf", "legal"]
aliases: ["TR-IST", "TUR-IST"]
created: 2026-04-13
updated: 2026-04-02
compile_into: ["[[country--turkey]]"]
sources:
  - name: "CMB / BDDK / MASAK"
    url: "https://www.bddk.org.tr"
    type: "official"
  - name: "Law No. 7518 on Crypto Assets (2024)"
    url: "https://www.bddk.org.tr"
    type: "framework"
---

# 🇹🇷 [[city--istanbul|Istanbul]] (TR-IST) — Crypto Regulation

> Turkey has a clear legal framework for cryptocurrency under Law No. 7518 on Crypto Assets (2024), providing regulated status for crypto activities.

## Overview

| Field | Value |
|-------|-------|
| Status | Legal |
| Sub-jurisdiction of | [[country--turkey|Turkey]] |
| Risk Score | 30/100 (Moderate Risk) |
| Enforcement Level | Moderate |
| Region | [[domain--europe|europe]] |
| Currency | [[entity--try|TRY]] |

## Tax

| Type | Rate |
|------|------|
| Capital Gains (Personal) | 30% capital gains tax |
| Capital Gains (Corporate) | 22% corporate tax on crypto gains |
| VAT on Crypto | No |
| Mining Tax | Taxed as business income |
| Staking Tax | Taxed as income |
| Airdrop Tax | Taxed as income |

Turkey taxes personal capital gains from crypto at 30%, corporate gains at 22%, and treats staking, mining, and airdrops as taxable income. VAT does not apply to crypto transactions.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--cmb|CMB]] / BDDK / MASAK |
| Framework | Law No. 7518 on Crypto Assets (2024) |
| Ease | medium |
| Cost | N/A |
| Timeline | N/A months |

Licensing under Law No. 7518 requires compliance with AML and operational standards; process is moderately complex.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| [[concept--fatf|FATF]] Member | No |
| FATF Status | fsrb_only |

## DeFi

**Status:** regulated

DeFi activities are regulated under the same framework as other crypto assets, requiring compliance with AML and licensing rules.

## Stablecoins

**Status:** specific_framework

Stablecoins are regulated under Law No. 7518 with specific provisions for issuance and custody.

## NFTs

**Status:** no_rules

No specific NFT regulation

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.15/kWh |
| Renewable Energy | 30% |
| Climate | temperate |
| Infrastructure | good |

Mining is legal with moderate electricity costs and good infrastructure, benefiting from 30% 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

Enforcement focused on unlicensed operators and consumer protection

## CBDC Status: exploring

---

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

**Sources:**
- [CMB / BDDK / MASAK](https://www.bddk.org.tr)
- [Law No. 7518 on Crypto Assets (2024)](https://www.bddk.org.tr)