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Türkiye has finished crypto rules but not stablecoin rules, FSB review says

The Financial Stability Board credits Turkish authorities with recent progress on supervising crypto-asset markets, and notes that stablecoins remain outside a

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Öne çıkanlar

  • The Financial Stability Board published a peer review of Türkiye's crypto-asset regulation on 11 November 2026.
  • The review says Turkish authorities made 'meaningful progress' on regulation, supervision and oversight in recent years.
  • Türkiye has finalised a regulatory framework for crypto assets, according to the review.
  • No framework for stablecoins has been finalised, the FSB said.

What the review found

The Financial Stability Board has published a peer review of Türkiye's rules for crypto assets. In it, the FSB says the country's authorities have made 'meaningful progress' in recent years in how crypto-asset markets and the firms active in them are regulated, supervised and overseen.

The review appeared on 11 November 2026. It builds on the FSB's 2025 thematic peer review, an exercise that looks at how the body's global regulatory framework for crypto-asset activities is being put into practice.

That assessment found Türkiye had completed a regulatory framework for crypto assets. Stablecoins are the exception: according to the FSB, Türkiye has not finalised a framework for them. Stablecoins are tokens designed to hold a steady value against a currency or another asset.

What the FSB does not say

The published summary does not reproduce the peer review in full, and it does not describe what Türkiye plans to do next about stablecoins. No timetable for a stablecoin framework appears in the material, and the FSB does not say whether Turkish authorities have committed to drafting one.

The FSB also does not state whether the review made recommendations to Türkiye or how the authorities responded. Turkish officials are not quoted in the announcement.

The FSB is an international body in which financial authorities and standard setters take part. Its peer reviews examine how members apply internationally agreed rules, and its findings are not binding.

Kaynaklar

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  1. FSB – NewsPeer Review of Türkiye

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What did the FSB peer review of Türkiye find?

The FSB said Turkish authorities made 'meaningful progress' on the regulation, supervision and oversight of crypto-asset markets and activities, and that Türkiye had finalised a regulatory framework for crypto assets.

Does Türkiye have stablecoin rules?

According to the FSB, no stablecoin framework had been finalised at the time of the review.

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