SPK Crypto Regulation in Türkiye (Law 7518)
What changed?
According to the SPK announcement of 2 July 2024, Law No. 7518, amending the Capital Markets Law No. 6362, was published in the Official Gazette (issue 32590) the same day; crypto asset service providers operating, or planning to operate, in Türkiye came under SPK regulation and supervision[1].
Scope
The announcement covers providers that carry out buying and selling, exchange, transfer and custody of crypto assets, including private key custody, as a regular business[1].
Transition
Existing providers were to apply to SPK for a permit within one month of the law taking effect or declare liquidation within three months; those that wished to continue had to submit written declarations and documents by 2 August 2024 and liquidation decisions were due by 2 October 2024[1].
Foreign platforms
According to the announcement, foreign-based platforms targeting people in Türkiye are treated as operating without authorization and had to end that activity by 2 October 2024; opening an office in Türkiye, launching a Turkish-language website or promoting services through persons in Türkiye are listed among examples of targeting Türkiye. The same deadline applies to crypto ATMs that allow cash conversion or transfers[1].
Lists and permits
SPK announced two lists, one of providers that are operating and one of those that declared liquidation; incomplete or deficient applications were left off the operating list. After secondary regulations take effect, entities not on the list cannot operate without SPK permission, and listed entities must still apply separately for an operating permit[1].
What it means for investors
Before using a crypto platform it is sensible to check SPK's current lists and announcements directly on the SPK website. This page only summarizes the announcement of 2 July 2024 and does not cover later regulation.
Disclaimer
This page is not legal advice or investment advice; it is educational and informational. See SPK's official announcements for the current position.
Frequently asked questions
- What did Law 7518 introduce?
- It amended Capital Markets Law No. 6362 and placed crypto asset service providers operating, or planning to operate, in Türkiye under SPK regulation and supervision[1].
- Which lists will SPK publish?
- Two lists: providers that are operating and providers that declared liquidation; incomplete applications were left off the operating list[1].
- Is this page current?
- It summarizes the announcement of 2 July 2024 and was compared with the source on 22.10.2026; see the SPK website for later regulation[1].
Related guides
Sources
- Kripto Varlık Hizmet Sağlayıcılarına İlişkin Duyuru. Sermaye Piyasası Kurulu (SPK), 2024. Accessed: 2026-10-22.