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.
| Status | Legal |
| Risk Score | 45/100 (Moderate Risk) |
| Region | europe |
| Currency | TRY |
| Adoption Rank | #4 |
| 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.
| Required | Yes |
| Regulator | CMB / CBRT |
| Framework | Capital Markets Law No. 7518 (2024) and CMB Communiques III-35/B.1 & B.2 (2025) |
| Ease | medium |
| Cost (USD) | $2,700,000 - $14,000,000 |
Licensing is regulated under the Capital Markets Law and related communiques, requiring compliance with capital market regulations.
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.
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: regulated
DeFi activities are regulated under the same framework as other crypto assets, requiring compliance with capital markets regulations.
Status: regulated
Stablecoins are regulated under the Capital Markets Law and related communiques, requiring issuer licensing and compliance.
Status: Unclear
No NFT-specific regulation. The 2024 crypto law may cover NFTs depending on classification. Turkey has an active NFT art scene.
| Legal | Yes |
| Electricity Cost | $0.078/kWh |
| Renewable Energy | 42% |
| Infrastructure | good |
Mining is legal but subject to restrictions and regulations; electricity cost is moderate with a significant renewable energy share.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 40/100 |
| Banking Access | moderate |
Risk Factors
Turkey has moderate political stability with some regional geopolitical risks and economic challenges affecting crypto business environment.
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Explore IT Services →Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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