A cryptocurrency is a digital, cryptographically secured asset recorded on a decentralized ledger (blockchain), allowing value to be held and transferred peer-to-peer without a bank or central authority. Bitcoin and Ether are the best-known examples.
Legally, cryptocurrencies sit at the intersection of payments, securities, tax and anti-money-laundering rules, and their treatment varies by jurisdiction. In Türkiye, crypto-assets are regulated under the Capital Markets Law framework — notably the 2024 amendments and CASP licensing via the Capital Markets Board — and their use as a means of payment is restricted.
Related practice areaICOs, Crypto-Currencies & Blockchain →