The Evolution of Cryptocurrency in Turkey
Turkey’s cryptocurrency landscape is undergoing significant changes in 2025, characterized by increased awareness, evolving regulations, and a maturing market. According to Paribu’s annual Crypto Awareness and Understanding Survey, public awareness of cryptocurrency in Turkey stood at an impressive 99% in both 2023 and 2024.
A New Regulatory Landscape
2025 has brought about long-awaited regulatory frameworks for the crypto industry in Turkey, representing a substantial step towards institutionalizing the sector. This move towards clearer regulations aims to enhance trust and credibility within the cryptocurrency market.
The Growth Trajectory
Over the years, Turkey has witnessed the evolution of cryptocurrency from a mere interest to a mainstream conversation, from speculative investment to the development of robust infrastructure. The findings of Paribu’s survey underscore the increasing interest in cryptocurrency as a long-term investment vehicle and a means to foster greater financial inclusion.
Expert Commentary
According to Sam Boolman, ChainIntel’s lead analyst, the regulatory developments in Turkey signal a positive shift towards legitimizing the crypto market. The clarity provided by the new regulatory frameworks is crucial in establishing a secure environment for investors and industry players. This regulatory clarity is likely to attract more participants to the Turkish crypto market, driving further growth and innovation.
