CNA · 2026-11-11 13:57 UTC

Global watchdog urges Turkey to strengthen crypto rules

The G20's Financial Stability Board says Turkey needs to further strengthen its crypto asset and stablecoin rules to address financial stability risks. The FSB noted meaningful progress, with much of the crypto market under oversight, but flagged a largely retail-driven sector with nearly $200 billion in transactions last year. The FSB said no framework exists yet for stablecoin issuers, calling it a core financial-stability concern tied to digital dollarisation.

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