How to Establish Crypto Company 2025 - Step by Step Guide
Turkey's crypto sector is growing rapidly, and Law No. 7518, which came into effect on July 2, 2024, established a legal framework for crypto asset service providers. In this guide, we will examine the legal processes, requirements, and step-by-step guide for establishing a crypto company in Turkey.
🏛️ Legal Framework
Law No. 7518
Effective Date: July 2, 2024
Important Regulations:
- ✅ Crypto asset service providers are subject to SPK supervision
- ✅ License requirement introduced
- ✅ Capital adequacy requirements determined (50 million TL)
- ✅ MASAK notification mandatory (from May 1, 2025)
📋 Crypto Company Establishment Process
1. Company Establishment
Requirements:
- ✅ Joint stock company (AŞ) structure mandatory
- ✅ 50 million TL paid-in capital
- ✅ Established in Turkey
2. SPK Application
Requirements:
- ✅ SPK establishment permit
- ✅ SPK activity permit
- ✅ Capital adequacy certificate
- ✅ Compliance documents
💰 Capital Requirements
Minimum Capital
Law No. 7518 Requirements:
- ✅ 50 million TL paid-in capital mandatory
📊 Related Content
- Establishing Crypto Trading Company - Detailed guide
- Crypto Exchange Setup Cost - Cost analysis
- SPK Approved Crypto Exchanges - SPK approved exchanges
- Crypto Exchange Software - Exchange software development
🎯 Conclusion
Establishing a crypto company in Turkey is subject to legal framework and requires SPK license. Important points:
- ✅ Joint stock company structure mandatory
- ✅ 50 million TL capital requirement
- ✅ SPK license mandatory
- ✅ MASAK notification mandatory
- ✅ KVKK compliance mandatory
Cryptocurrency investments are high risk. Always do your own research before investing and only invest money you can afford to lose.
Contact us for professional support in the crypto company establishment process! 🚀
Our Reference Projects:
- GMS Crypto - Developed by Cesa Yazılım
- Kriptomall - Developed by Cesa Yazılım
Frequently Asked Questions
What is the legal framework for establishing a crypto company in Turkey?
The legal framework is Law No. 7518 "Law on Amending the Capital Markets Law" which came into effect on July 2, 2024. This law requires crypto asset service providers to obtain SPK (Capital Markets Board) licenses and comply with regulatory requirements including capital adequacy, security, and reporting obligations.
What types of crypto companies can be established?
You can establish crypto exchanges (trading platforms), crypto wallet services, crypto payment processors, crypto custody services, crypto consulting firms, and other crypto-related businesses. Each type has different regulatory requirements. Trading platforms require SPK licenses, while consulting may have different requirements.
What is the minimum capital requirement for a crypto company?
For crypto asset service providers (exchanges), the minimum capital requirement is 50 million Turkish Lira (TL). Other crypto businesses may have different capital requirements. The capital must be fully paid and maintained throughout operations. Additional capital may be required based on business volume.
How long does the establishment process take?
The establishment process typically takes 6-12 months including company registration, SPK license application and approval (3-6 months), technical infrastructure development, compliance setup, and testing. The timeline depends on license approval speed, technical complexity, and regulatory compliance completion.
What licenses and permits are required?
Required licenses include SPK license (establishment + operation permit), MASAK notification (AML/CFT compliance), business registration, tax registration, and potentially other permits depending on services offered. Each license has specific requirements and approval processes.
Can foreign investors establish crypto companies in Turkey?
Yes, foreign investors can establish crypto companies in Turkey, but they must comply with foreign investment regulations, obtain necessary permits, meet SPK requirements, and may face additional scrutiny. Foreign ownership restrictions may apply. Professional legal consultation is essential for foreign investors.
What are the main compliance requirements?
Main compliance requirements include SPK licensing, MASAK notification, KVKK (data protection) compliance, KYC/AML systems, security infrastructure, capital adequacy, regular reporting, transaction monitoring, and ongoing regulatory compliance. Non-compliance can result in fines and license revocation.
What security measures are mandatory?
Mandatory security measures include cold wallet storage (90%+ of assets), multi-signature wallets, DDoS protection, 2FA for users, encryption, KYC/AML systems, regular security audits, incident response plans, and insurance coverage. Security must meet SPK standards.
How much does it cost to establish a crypto company?
Total costs include 50 million TL minimum capital (for exchanges), license fees, legal and consulting fees (500K-2M TL), software development (1M-5M TL), security infrastructure (500K-2M TL), and ongoing operational costs. Costs vary significantly based on business type and scale.
Do I need technical expertise to establish a crypto company?
While technical expertise isn't mandatory for company establishment, you'll need experienced developers, security experts, and compliance officers to operate successfully. Most companies partner with software development firms like Cesa Yazılım for technical infrastructure, security, and ongoing support.
Note: This guide is provided free of charge for informational purposes only. No fees are required to access this content.
