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ARTICLE · 01 MAY 2023

Property Nature Of Crypto-Assets Under Turkish Law

CBC Law
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The increasing use of crypto-assets as an instrument of investment and their significant valuation requires the recognition of these assets by the legal systems.

TurkeyTechnology

Introduction

The increasing use of crypto-assets as an instrument of investment and their significant valuation requires the recognition of these assets by the legal systems. This is because the economic popularity of crypto-assets has brought about the need for regulation on how to safely handle the transactions on these assets and to protect the interests of those who make such transactions. In this context, the questions of which legal framework crypto-assets will be subject to and how the right holders will be protected have been raised, and discussions on whether crypto-assets are property or the applicability of the legal frameworks applicable to properties have also emerged.

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