Turkiye: Implemented Amendment to Regulation on Payment Services and the Issuance of Electronic Money including regulation of digital wallets
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank