Insights
Fintech
- Fintech5 min read
Payment Services Regulation in Turkey: Licensing, Operations, and Supervisory Framework
The CBRT's 2021 Regulation shapes payment sector operations from licensing stages through minimum capital requirements, open banking, and internal systems. Current framework and practical prioritization for payment service providers.
- Fintech5 min read
Cryptocurrency Asset Service Providers: Capital Markets Board (SPK), Financial Crimes Investigation Board (MASAK), and the New Compliance Framework
Through Law No. 7518, Turkey placed cryptocurrency asset service providers under SPK oversight; MASAK regulatory amendments published in December 2024 introduced comprehensive obligations, including the Travel Rule. We examine the new framework and compliance priorities roadmap.