The FSB recommends that Turkey formalize its crypto risk monitoring and implement specific stablecoin regulations following the country's March 2025 introduction of licensing requirements.
The FSB's peer review urges Turkey to tighten crypto oversight and add stablecoin rules, but it is a non-binding recommendation acknowledging progress already made, such as the March 2025 licensing regime. Routine regulatory advice for a single jurisdiction is unlikely to move Bitcoin over the coming days, and no binding new measure has been announced.
The Financial Stability Board has called on Turkey to enhance its crypto market supervision and establish a dedicated framework for stablecoins. While acknowledging the progress made through the March 2025 licensing regime, the watchdog recommends formalizing risk monitoring and increasing cooperation with international regulators to mitigate financial stability threats.