Foresight News reported on 11 November 2026 that the Financial Stability Board (FSB) had published a peer assessment of Türkiye. The assessment says Turkish authorities have made substantial progress in recent years in strengthening regulation of the crypto-asset market and related activities. It also says further measures are still needed to improve the framework and to increase consistency with the FSB’s global regulatory framework for crypto-asset activities.
According to the assessment, Türkiye has brought most of the crypto-asset market within regulatory scope. Crypto-asset service providers (CASPs) are subject to registration and licensing requirements. Strict custody segregation, a prohibition on using crypto assets for domestic payments, and other structural measures have limited some channels through which risk could pass into the payments system and the banking system. The authorities have also established a centralized data platform for monitoring crypto-asset activity.
The FSB recommends that Türkiye focus on four further steps: putting a financial-stability monitoring framework into operation; establishing a dedicated regulatory regime for stablecoins; strengthening supervision and enforcement; and promoting effective cross-border cooperation and information sharing.
The peer assessment treats the listed structural measures as already in place and presents the four steps as remaining work rather than newly effective Turkish rules.
Source: Foresight News, published 11 November 2026 at 18:17 (UTC+8).
