According to Golden Finance, Türkiye is promoting cryptocurrency regulation and formulating new regulations on crypto asset service providers (CASPs). On March 13, the Turkish Capital Markets Commission (CMB) released two regulatory documents on CASP licensing and operations, covering crypto trading platforms, custodians and wallet service providers. This regulatory framework gives CMB full regulation of encryption platforms to ensure that it complies with domestic and international standards. In addition, the framework also sets standards and requirements for the establishment and provision of crypto asset services in Türkiye, including registered capital, management background, shareholder rules, etc.