Turkey’s Capital Markets Board (CMB) has released a bulletin listing 58 cryptocurrency platforms that are now subject to access blocks within the country. According to the regulator, all these platforms have been operating without the necessary authorization to offer crypto asset services to users based in Turkey. The platforms targeted include:
- BEM Funding
- Biconomy
- Bit.com
- Bitcastle
- Bitcoin.Me
- BitMart
- BitMEX
- Bitrue
- Bitsten
- Bitstorage
- Bitunix
- BrightFunded
- BloFin
- BTCC
- BTSE
- Btc-Alpha
- BYDFI
- Changelly
- ChangeNOW
- CoinEx
- Coinsate
- CoinW
- Cube.Exchange
- C-Patex
- Deribit
- Dex-Trade
- DigiFinex
- PointPay
- EXMO
- FameEx
- Globe.Exchange
- HitBTC
- Hotcoin
- HTX
- KANGA
- KCEX
- Kinesis
- Latoken
- Lion Funded
- MEXC
- Miracle Cash
- Nominex
- Orangex
- P2PB2B
- Phemex
- Poloniex
- Pozitifkripto
- Remitano
- SecondBTC
- Slex
- StormGain
- Tapbit
- Tidex
- Tokenfon
- YoBit
- Yuex
- Woo X
- Wofdex
In the bulletin, the CMB cited “unauthorized crypto asset services provided to Turkish residents via the internet” as the main rationale behind the decision.
Back in June, Turkey’s parliament approved landmark crypto regulations that were subsequently published in the Official Gazette in July—marking the country’s first-ever legal framework for digital assets. One of the key provisions requires global exchanges to maintain a local office if they aim to serve Turkish users. Any exchange offering Turkish-language services but failing to secure an operating license from the CMB now faces potential access blocks.
The CMB’s authority to enact these blocks stems from the amendments to Capital Markets Law No. 7518, which took effect on July 2, 2024. Under this legislation, the regulator gains explicit power to prohibit access to platforms deemed non-compliant with local crypto regulations.