TLDR
- Turkey Imposes Crypto Withdrawal Delays
- New Rules Tighten Crypto Compliance in Turkey
- Stablecoin Limits Raised for Verified Users
- Turkey Cracks Down on Unregulated CASPs
- Crypto Oversight Expands with EU-Style Regulations
Turkey has introduced new rules targeting the misuse of cryptocurrency for laundering money from illegal betting and fraud activities. The Ministry of Treasury and Finance will enforce 48- to 72-hour delays on crypto withdrawals where identity verification is missing. Additionally, daily and monthly transfer caps for stablecoins will limit transactions to $3,000 and $50,000, respectively.
Turkey plans stricter crypto regulations to combat financial crimes
Turkey is preparing to impose stricter crypto regulations, including requiring platforms to collect detailed transaction information and apply holding periods on withdrawals, according to @Cointelegraph. The new…
— CoinNess Global (@CoinnessGL) June 24, 2025
Platforms that will not enforce the “travel rule” will automatically apply these holding periods after a purchase or deposit. The 72-hour delay will be mandatory for all first-time withdrawals made on non-compliant platforms. This move aims to increase transparency without entirely restricting crypto trading or usage in the country.
To support compliance, users will also be required to provide transaction descriptions of at least 20 characters for every crypto transfer. These explanations must clarify the origin and purpose of funds to prevent suspicious transactions. The regulation seeks to eliminate loopholes that have enabled illicit flows through decentralized platforms.
Full compliance unlocks relaxed thresholds for stablecoin transfers
Platforms that apply the full travel rule will receive conditional relief through increased transaction limits. If both the sender’s and recipient’s identities are fully verified, the daily and monthly caps will be raised to $6,000 and $100,000. These adjustments aim to reward regulated entities and foster legal activity in digital asset markets.
Authorities confirmed that transactions related to arbitrage liquidity provision are exempt from these thresholds. However, such activities must be monitored by compliant platforms with proof of legitimate fund origin. The government is determined to distinguish between illicit flows and essential trading activity.
Platforms that violate these new regulations will face administrative and financial penalties. This includes potential license denials for those who ignore the requirements. The Ministry emphasized that regulatory enforcement will be both proactive and strict to reduce criminal activity.
Turkey expands oversight with mandatory CASP transparency rules
Crypto Asset Service Providers (CASPs) must implement strong monitoring mechanisms for all transactions. They are required to record detailed data about transaction types, asset volumes, prices, and associated fees. Each user will also receive monthly statements outlining all crypto movements on the platform.
These measures follow recent reforms introduced by Turkey’s Capital Markets Board. In March, the CMB granted itself full authority over exchanges, wallets and custody providers. That regulatory foundation is now being extended with new operational controls to meet global compliance standards.
Turkey’s approach aligns with international anti-money laundering frameworks like the EU’s Markets in Crypto-Assets (MiCA). The current changes reflect the country’s push to align with its crypto ecosystem with global norms. Authorities aim to balance market innovation with enhanced financial security.
