In March 2025, the Capital Markets Board issued Communiqués III‑35/B.1 and B.2, introducing licensing requirements for Crypto Asset Service Providers. These regulations mandate minimum paid-in capital of TRY 150 million for exchanges and TRY 500 million for custodians, alongside internal compliance roles and full AML/KYC structures. Licensing is expected to be effective from 30 June 2025, with full compliance due by December 31, 2025.

Additionally, in December 2024, the Anti-Money Laundering Law was amended to incorporate the FATF Travel Rule and formal ID verification for crypto transfers above TRY 15,000. In June 2025, regulators further capped stablecoin transactions at USD 3,000/day and USD 50,000/month, and introduced 48‑72-hour withdrawal waiting periods. A proposed crypto transaction tax remains under discussion, but no implementation date has been announced.

Furthermore, effective 3 July 2025, Special Consumption Tax rates on alcoholic beverages and tobacco automatically increased by 13.76%, in accordance with the semi‑annual Producer Price Index under Article 12 of Law No. 4760. For instance, Special Consumption Tax   on pure alcohol is now over TRY 1,428/litre, and typical 70 cl bottles of rakı are expected to see a retail price increase of approximately TRY 60, with cigarette prices rising by at least TRY 10 per pack.