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ARTICLE · 16 MARCH 2026

Remote Identity Verification Obligations For Crypto-Asset Service Providers Have Been Established

With the Amending Communiqué, the provisions of the Communiqué have been substantially revised and crypto-asset service providers have been included within its scope.

TurkeyTechnology

The Communiqué Amending the Communiqué on Remote Identity Verification Methods to be Used by Brokerage Firms and Portfolio Management Companies and the Establishment of Contractual Relationships in Electronic Environment (III-42.1) ("Communiqué") (III-42.1.A) ("Amending Communiqué") — was published in the Official Gazette dated 28 February 2026 and numbered 33182, and entered into force as of the same date.

With the Amending Communiqué, the provisions of the Communiqué have been substantially revised and crypto-asset service providers have been included within its scope. In this context, the purpose and legal basis of the Communiqué have been expanded to ensure that crypto-asset service providers are also subject to the relevant regulatory framework. Accordingly, for the purpose of ensuring consistency within the text, the term "crypto-asset service providers" has been added to the provisions where the phrase "brokerage firms and portfolio management companies" previously appeared.

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