Is LBank available in Turkey?
Turkey introduced a licensing regime for crypto asset service providers under the Capital Markets Board in 2024 and 2025. As of 26 June 2026 LBank is not confirmed on the Capital Markets Board list of authorised providers, so the availability of LBank to residents of Turkey should be treated as unclear until confirmed.
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 26 June 2026, Turkey requires crypto asset service providers to be authorised by the Capital Markets Board (CMB) under Law No. 7518 and its implementing communiques. LBank is not confirmed on the Capital Markets Board list of authorised providers, and its standing under the new regime cannot be verified from a reliable primary source. Treat the availability of LBank to residents of Turkey as unclear and verify the current position with the Capital Markets Board before acting.
Availability for Turkey residents
Turkey brought crypto asset service providers within its capital markets framework through Law No. 7518, which amended the Capital Markets Law in 2024, with detailed rules issued by the Capital Markets Board, known by its Turkish initials SPK, in 2025 through Communiques III-35/B.1 and III-35/B.2. Providers were required to apply for authorisation, meet minimum capital thresholds, and satisfy governance and custody standards.
As of 26 June 2026, LBank is not confirmed on the Capital Markets Board list of authorised crypto asset service providers. Turkey is a large crypto market and many global platforms have been used by residents, but the new regime requires authorisation, and a platform that is not on the official list may not lawfully provide services to Turkish residents. We could not verify the standing of LBank under this regime from a reliable primary source.
Because the authorisation status of LBank under the Capital Markets Board regime cannot be confirmed, the status here is marked unclear rather than available, and it should be verified directly with the Capital Markets Board.
Access, KYC, and products
LBank is a global crypto exchange that offers spot and derivatives trading. It is a custodial platform, which means it holds the assets in an account on the user behalf rather than giving the user the private keys, and it requires identity verification, known as know your customer, before trading.
In Turkey the key question is authorisation under the Capital Markets Board regime. A platform that serves Turkish residents is expected to appear on the official list of authorised providers and to meet the capital and custody standards set by the board. Because the position of LBank on that list is not confirmed, residents should treat access as uncertain and verify the regulatory position rather than the day to day mechanics.
How crypto is taxed in Turkey
Turkey has not, as of 26 June 2026, introduced a specific personal capital gains tax dedicated to crypto, and proposals for a transaction based levy have been discussed without a settled outcome. The tax authority is the Revenue Administration, known as the Gelir Idaresi Baskanligi.
Tax policy in this area has been under active discussion and can change, so confirm the current treatment with the Revenue Administration or a qualified adviser. See the Turkey crypto tax page for a fuller explanation. This is general information, not tax advice (as of 26 June 2026).
Regulator and sources
The Turkey regulator for crypto asset service providers is the Capital Markets Board, known by its Turkish initials SPK, and the tax authority is the Revenue Administration. The position below is stated as of 26 June 2026 and should be confirmed on the primary sources.
- Capital Markets Board (Sermaye Piyasasi Kurulu), list and notices on authorised crypto asset service providers.
- Law No. 7518 amending the Capital Markets Law to bring crypto asset service providers within scope.
- Communiques III-35/B.1 and III-35/B.2 setting out licensing and operational requirements in 2025.
- Revenue Administration (Gelir Idaresi Baskanligi), guidance on the taxation of crypto for individuals in Turkey.
Frequently asked questions
Is LBank available in Turkey?
As of 26 June 2026, LBank is not confirmed on the Capital Markets Board list of authorised crypto asset service providers, and its standing under the new regime cannot be verified from a reliable source. Treat its availability as unclear and verify with the Capital Markets Board.
Is LBank licensed by the Capital Markets Board?
We cannot confirm that LBank appears on the Capital Markets Board list of authorised crypto asset service providers as of 26 June 2026. Treat the position as unclear and verify it directly with the board.
Is it legal to own crypto in Turkey?
Yes. Holding, buying, and selling crypto is legal in Turkey, although using crypto as a means of payment is restricted. The open question on this page is the authorisation of the LBank platform, not whether owning crypto is allowed.
What did Law No. 7518 change?
Law No. 7518 amended the Capital Markets Law in 2024 to bring crypto asset service providers under the Capital Markets Board, with detailed licensing and operational rules issued in 2025. Providers must be authorised to serve Turkish residents.
How is crypto taxed in Turkey?
As of 26 June 2026, Turkey has not introduced a specific personal capital gains tax dedicated to crypto, and proposals have been discussed without a settled outcome, with the Revenue Administration as the tax authority. See the Turkey crypto tax page. This is general information, not tax advice.
Where can I confirm the current position?
Check the Capital Markets Board list and notices and LBank own published updates. Those primary sources are the most current way to confirm the position before acting.
Rules change frequently. Exchange availability and authorisations can change at short notice, and Turkey is still rolling out its Capital Markets Board licensing regime. The position on this page is dated 26 June 2026 and is marked unclear. Confirm the current status with the Capital Markets Board and the platform before you act.
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