A Financial Stability Board peer assessment of Turkey, as reported by Odaily, finds substantial progress in crypto-asset oversight and still treats a dedicated stablecoin regime as unfinished.
Odaily’s brief, published on 11 November 2026 at 18:26:52 (UTC+8), says the FSB released a peer assessment report on Turkey. In the account given there, Turkey has in recent years made substantial progress in regulating, supervising, and reviewing the crypto-asset market. Most related activity has been brought under regulation, and crypto-asset service providers (CASPs) are subject to registration and licensing requirements.
The same brief says Turkey has also adopted custody segregation for assets, banned the use of crypto assets for payments inside the country, and set up a centralized data platform to monitor related activity.
On remaining work, Odaily reports the FSB’s view that Turkey still needs to implement a financial-stability monitoring framework, establish a regulatory regime specific to stablecoins, strengthen supervision and enforcement, and advance cross-border regulatory cooperation and information sharing.
Those CASP registration and licensing requirements are not described as a stablecoin regime. The brief does not give reserve compositions, redemption terms, or the text of any stablecoin rule, and it does not present any token as guaranteed, insured, or always redeemable. It also does not equate any review or attestation with a full audit; no such comparison is stated.
Source: Odaily, 11 November 2026, 18:26:52 (UTC+8).
