Our Managing Partner Erdem Mümtaz Hacıpaşaoğlu contributed a column to CoinDesk Türkiye assessing how the Capital Markets Board (SPK)’s principle decisions are reshaping Turkey’s crypto ecosystem.
The central thesis of the piece was clear: the secondary regulation and SPK principle decisions issued after the crypto-asset law are redesigning the sector not only at the level of implementation detail, but also in the strategic architecture of licensed operators, the speed at which gray areas close, and Turkey’s positioning in global markets.
The scope of SPK principle decisions
The column examined the classification of VASP/CASP activities, segregation of client assets, capital adequacy, director liability, and external audit obligations — focusing on the operational impact of the principle decisions.
Implications for the sector
Principle decisions reduce uncertainty while at the same time compressing the transition window and forcing rapid positioning; for companies preparing to license, parallel mobilization of the board, finance and technology teams becomes essential.
Highlights from this piece
- Scope: VASP classification, client-asset segregation, capital adequacy
- Operational impact: Director liability, external audit
- Sector outlook: Transition window and the positioning opportunity
You can access the original column on CoinDesk Türkiye at this link.
