Turkey is preparing for a crypto revolution: A critical date has been announced for new crypto regulations.

The Assistant General Secretary of the Turkish Capital Markets Association (TSPB), Elif Gönençer, made important statements regarding the secondary regulations that will come into effect in January 2025 for crypto assets. These regulations aim to make Turkey a safer and more transparent place in the global crypto markets. These developments, which will open the doors to a new era for investors, will strengthen Turkey's position on the international stage.

A New Era for Turkey in Crypto Markets Begins: A Safer and More Transparent Investment Environment Will Be Offered

The Assistant General Secretary of the Turkish Capital Markets Association (TSPB), Elif Gönençer, announced that the long-awaited secondary regulations regarding crypto assets will come into effect in January 2025.

According to Gönençer’s statements, these regulations will create a more transparent and secure environment for investors. These regulations, which will come into effect within six months after the law regarding crypto assets is enacted, aim to strengthen Turkey's position in global markets.

TSPB and the Capital Markets Board (SPK) are diligently working on these regulations, which will determine the details for the implementation of the law. Gönençer emphasized that the current law provides a general framework, but the actual details will be clarified with these secondary regulations.

In this process, TSPB has established a special working committee for crypto asset service providers. The committee regularly meets with representatives from SPK, TÜBİTAK, the Financial Crimes Investigation Board, and other relevant institutions.

Gönençer pointed out that Turkey is an active market in crypto asset transactions, especially among the young population. She also noted that this interest places Turkey among the countries that stand out on the global stage.

With the implementation of the secondary regulations, crypto trading platforms will be required to obtain licenses and comply with the established rules. This is planned to create a more reliable environment for investors.

Finally, TSPB plans to organize certification programs in the fields of technology and intellectual property law in the near future, in parallel with developments in the sector.