In a peer review reported by BlockBeats on November 11, 2026, the Financial Stability Board (FSB) said Turkey had made substantial progress in regulating and supervising crypto-asset markets, but needed further work to align its framework with the FSB’s global recommendations.
According to the report, Turkey has brought most crypto-market activities within its regulatory scope and introduced registration and licensing requirements for crypto-asset service providers. It has also imposed asset-custody segregation measures, prohibited the use of crypto assets for domestic payments to limit risks to the payment and banking systems, and established a centralized data platform to monitor crypto activity.
The FSB called for further steps on financial-stability monitoring, stablecoin-specific regulation, supervision and enforcement, and cross-border cooperation and information sharing. The report said Turkey’s broader crypto regulatory framework had been completed, while its stablecoin rules still needed development. It did not say a stablecoin committee had been established.
Original report: BlockBeats, published November 11, 2026, at 18:25 (UTC+8).