On November 11, 2026, BlockBeats reported that the Financial Stability Board (FSB) had published a peer assessment of Turkey. The report says Turkey has made substantial progress in recent years in strengthening regulation, supervision, and review of the crypto-asset market, but still needs to refine its framework so that it is consistent with the FSB’s Global Regulatory Framework for Crypto-Asset Activities.
The assessment describes several measures already in place. Turkey has brought most activity in the crypto-asset market inside the regulatory perimeter and has introduced registration and licensing requirements for crypto-asset service providers (CASPs). It has also imposed strict segregation of assets held in custody and prohibited the domestic use of crypto assets for payments, with the stated aim of limiting the spread of related risks into the payments and banking systems. Turkish authorities have additionally set up a centralized data platform to monitor crypto-asset activity.
The FSB does not treat the framework as complete. It says Turkey still needs to take further steps to put a financial-stability monitoring framework into effect, establish a dedicated regulatory regime for stablecoins, strengthen supervision and enforcement, and advance cross-border regulatory cooperation and information sharing. The report notes that Turkey had already built a crypto-asset regulatory framework, while the stablecoin regime remains to be improved. The review is aimed at encouraging fuller implementation of the relevant recommendations in the FSB’s global framework. These points are peer-review findings and recommended next steps, not a newly effective Turkish rule or an announced stablecoin statute.
Original report: BlockBeats, November 11, 2026, 18:25 (UTC+8).
