Turkey Establishes New Crypto Registry System to Boost Transparency and Security

Turkey has taken a significant step forward in its approach to cryptocurrencies, officially launching the Crypto Asset Central Registry System (KVMKS). This move integrates digital assets into the nation’s securities framework, providing enhanced transparency in their management. The new system requires cryptocurrency service providers to report trading activity and holdings directly to MKK, empowering investors with real-time tracking through the e-YATIRIMCI app.