Turkiye: Digital Wallet Regulation in Amendment to Regulation on Payment Services and the Issuance of Electronic Money
Progress
Current status
in force
07 Oct 2023 in force
Scope
Implementers
Turkiye
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Implemented Amendment to Regulation on Payment Services and the Issuance of Electronic Money including regulation of digital wallets
On 7 October 2023, the Amendment to Regulation on Payment Services and the Issuance of Electronic Money issued by the Central Bank of the Republic of Turkiye (CBRT) came into force. Notably, the Amendment Regulation introduces regulation for regulat…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central bank