A request for strict control of cryptocurrency exchanges is coming from the ministry.

The Ministry of Treasury and Finance is preparing to take steps to prevent the use of cryptocurrencies in illegal betting and fraud transactions in Turkey. According to information provided by Anadolu Agency, the ministry will request additional oversight and control to be applied to exchanges to prevent the laundering of criminal proceeds through cryptocurrencies.

Source, purpose, and explanation…

The ministry will require cryptocurrency platforms to provide information about the source of the transactions they mediate and the reasons for transfers. In fact, the user conducting the transaction will also need to write an informative text of at least 20 characters in the description section.

48-hour time limit…

For the same reason, a time limit will also be imposed on cryptocurrency withdrawal transactions for which the travel rule ( is not applied. The aim is for transactions to be carried out at least 48 hours after the customer's request. If a cryptocurrency is being withdrawn from an account for the first time, this period may extend up to 72 hours.

There is also a limit on amounts for stablecoins

To prevent suspicious funds from leaving the system, stablecoins will also be scrutinized. Recently, regulations have been implemented worldwide, especially in the USA, regarding stablecoins, and restrictions will be placed on the withdrawal of such cryptocurrencies from the platform. There are plans to impose a daily limit of $3,000 and a monthly limit of $50,000 on stablecoin transfers.

If the relevant exchange and platform fully meet the travel rule requirements, these figures could double.

Şimşek: We are preserving the legitimate area

The Minister of Treasury and Finance, Mehmet Şimşek, who made statements regarding the issue, stated that no restrictions were imposed on the legitimate area and said the following:

"With regulations that ensure the supervision of asset transactions in accordance with the nature of the crypto asset ecosystem, we aim to prevent the rapid transfer of crime proceeds abroad. A space for legitimate crypto asset activities is preserved. For instance, cryptocurrency transfer transactions of users who operate for the purpose of providing liquidity, market making, or inter-market arbitrage, and document the source of transaction funds within this scope, can be carried out without limits under the responsibility and supervision of the relevant platforms."

Shimşek also stated that administrative penalties could be imposed on platforms that do not comply with the new regulations, and that steps such as not granting licenses or revoking licenses could also be taken.

Published: June 24, 2025 12:34Last Updated: June 24, 2025 12:43