Masak Communiqué Introducing Tightened Measures For Crypto Asset Service Providers Has Entered Into Force

The General Communiqué of the Financial Crimes Investigation Board numbered 29 ("Communiqué"), which was published in the Official Gazette dated 28 June 2025 and numbered 32940, sets forth the procedures and principles regarding a series of tightened measures to be implemented by crypto asset service providers.

With the introduction of the Communiqué, the primary aim is to prevent the use of crypto asset platforms for the laundering of criminal proceeds. In this context, new obligations have been introduced, particularly in the areas of withdrawal and transfer restrictions, source identification, and systemic risk control.

You can access the full text of the Communiqué here.

1. Time Restriction on Crypto Asset Withdrawal Transactions