The Financial Stability Board (FSB) has urged Türkiye to address remaining gaps in its regulation of crypto-assets, including by establishing a dedicated regulatory regime for stablecoins. The FSB’s peer review found that Türkiye has made significant progress recently, with most relevant activities now subject to regulation and crypto-asset service providers required to meet registration and licensing requirements. The FSB also called for a financial stability monitoring framework, stronger supervision and enforcement, and greater cross-border cooperation among national regulators.