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ARTICLE · 08 JULY 2024

Existing Crypto Exchanges' Status Clarified

The Law No. 7518 Amending the Capital Markets Law ("Crypto Law") entered into force upon its publication in the Official Gazette dated July 2, 2024 and numbered 32590.

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Recent Developments

The Law No. 7518 Amending the Capital Markets Law ("Crypto Law") entered into force upon its publication in the Official Gazette dated July 2, 2024 and numbered 32590. On the same date, the Capital Markets Board of Türkiye ("CMB") published an announcement ("Announcement") on its website, which sets out the application procedures and documents for the crypto asset service providers ("Service Providers") that either wish to continue their operations, or commence operations for the first time.

You can access the application documents published by the CMB here. Additionally, please refer to our previous alert on the Crypto Law here.

Application Procedures and Documents

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