Is Coinbase available in Turkey?
As of June 2026 Coinbase does not offer a licensed local service to residents of Turkey. Coinbase filed a pre application with the Capital Markets Board to enter the market but withdrew it and moved to wind down its Turkish entity, reported in late 2024. Under Law No. 7518 a provider must hold a Capital Markets Board licence to serve Turkish users.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
As of June 2026 Coinbase does not provide a licensed local service to residents of Turkey. Coinbase had filed a pre application with the Capital Markets Board (CMB, also called SPK) to enter the Turkish market under Law No. 7518, but it withdrew the application and moved to wind down its Turkish entity, reported in late 2024. Because a crypto asset service provider must hold a CMB licence to serve Turkish users, and Coinbase is not on that list, we record Coinbase as not available as a licensed local service. We do not link a sign up here. Holding crypto remains legal in Turkey through licensed providers, and the position can change, so confirm the current CMB list before acting.
Is the platform available to residents
As of June 2026 Coinbase does not offer a licensed local service to residents of Turkey. Turkey requires crypto asset service providers to be licensed by the Capital Markets Board under Law No. 7518, which took effect in July 2024, and only platforms that applied within the deadline could continue under a transition regime.
Coinbase filed a pre application with the Capital Markets Board to enter the Turkish market, then withdrew that application and moved to wind down its Turkish entity, reported in late 2024. A Coinbase spokesperson framed the decision as a response to evolving market conditions, regulatory rules, and internal priorities. As a result Coinbase is not among the providers authorised to serve Turkish users locally, and we do not present a sign up for it here. The position can change if Coinbase reapplies, so confirm the current CMB list (as of June 2026).
The regulator and the framework
The Capital Markets Board (CMB, also called SPK) licenses and supervises crypto asset service providers under Law No. 7518, which amended the Capital Markets Law and took effect in July 2024, with secondary rules published in March 2025. The Financial Crimes Investigation Board (MASAK) supervises anti money laundering. A provider must hold a CMB licence to serve Turkish users, and unlicensed foreign platforms are expected to stop soliciting Turkish customers (as of June 2026).
Holding, buying, and selling crypto through licensed providers is permitted in Turkey. Separately, the Central Bank of the Republic of Turkey (CBRT) issued a regulation in April 2021 that prohibits the use of crypto assets as a means of payment for goods and services. The legality of holding crypto is separate from whether a particular platform is licensed to operate locally, which Coinbase currently is not (as of June 2026).
Tax treatment
Tax on crypto for residents of Turkey is administered by the Revenue Administration (Gelir Idaresi Baskanligi), under the Ministry of Treasury and Finance. This page does not give tax advice. For how crypto is treated in Turkey in general terms, see the Turkey tax page, and confirm your own position with a qualified local professional before filing.
Because Coinbase is not licensed to operate locally, we do not link a sign up for it here. Residents of Turkey who want a licensed local platform can review the exchanges genuinely operating under the Capital Markets Board regime, such as Binance through Binance TR and Bybit through Bybit Turkiye.
Regulator and sources
The relevant authorities are the Capital Markets Board (CMB, also called SPK), the Financial Crimes Investigation Board (MASAK) on anti money laundering, and the Central Bank of the Republic of Turkey (CBRT) on the payment ban.
- Capital Markets Board (CMB or SPK), Law No. 7518 of July 2024 and the list of authorised crypto asset service providers.
- Reporting on Coinbase withdrawing its pre application to the Capital Markets Board and winding down its Turkish entity, late 2024.
- Financial Crimes Investigation Board (MASAK), anti money laundering guidance.
- Central Bank of the Republic of Turkey (CBRT), the April 2021 regulation prohibiting crypto assets as a means of payment.
- Coinbase, company statements on its decision regarding the Turkish market.
Frequently asked questions
Is Coinbase available in Turkey?
As of June 2026 Coinbase does not offer a licensed local service to residents of Turkey. Coinbase had filed a pre application with the Capital Markets Board to enter the market but withdrew it and moved to wind down its Turkish entity, reported in late 2024. Under Law No. 7518 a crypto asset service provider must be licensed by the Capital Markets Board to serve Turkish users, and Coinbase is not on that list. Confirm the current position on the Capital Markets Board list before acting.
Why is Coinbase not operating in Turkey?
Coinbase withdrew its pre application to the Capital Markets Board and began winding down its Turkish entity, reported in late 2024. The company described the decision as a response to evolving market and regulatory conditions and its own priorities. As a result it does not provide a licensed local service in Turkey, as of June 2026.
Who regulates crypto exchanges in Turkey?
Crypto asset service providers in Turkey are licensed and supervised by the Capital Markets Board, commonly called the CMB or SPK, under Law No. 7518 which took effect in July 2024. The Financial Crimes Investigation Board, known as MASAK, supervises anti money laundering. Check both bodies for the current position, as of June 2026.
Which exchanges are available to residents of Turkey instead?
Platforms operating under the Capital Markets Board regime for residents of Turkey include Binance through Binance TR and Bybit through Bybit Turkiye, alongside Turkish exchanges. Availability and licensing status change, so confirm the current list on the Capital Markets Board register before acting. This is general information, not advice.
Is it legal to hold crypto in Turkey?
Yes. Buying, selling, and holding crypto through licensed providers is permitted in Turkey, though crypto cannot be used as a means of payment under a 2021 central bank rule. The legality of holding crypto is separate from whether a particular platform is licensed to operate locally. This is general information, as of June 2026, not advice.
Rules change frequently. Turkey is still licensing crypto asset service providers under Law No. 7518, and a platform that has withdrawn could reapply, so this status can change. The position on this page is dated June 2026. Confirm the current status with the regulator and the platform before you act.
Related pages
Subscribe to The Compliance Ledger
One short email when a rule or an exchange status shifts where it matters to you. No noise, no hype.