Turkiye: Regulation on Payment Services and Electronic Money Issuance excluding cryptocurrencies from definition of "electronic money"

Progress

Current status
in force
01 Dec 2021 in force

Scope

Implementers
Turkiye
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national

Timeline of events

01 Dec 2021
in force

Adopted and Implemented Regulation on Payment Services and Electronic Money Issuance

On 1 December 2021, the "Regulation on Payment Services and Electronic Money Issuance" was published and implemented. The regulation standardises processes concerning electronic transactions and the issuance of electronic money. The definition of el…

Source
Event type order
Action type implementation
Government branch executive
Government body central government