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The Capital Markets Board (CMB) has published new lists, revealing which cryptocurrency platforms are still operating in the Turkish market and which have withdrawn.
At this point, as the CMB’s deadline for license applications for cryptocurrency service providers passed on June 30, more companies were added to the liquidation list.
With the June 30 deadline passing, the total number of companies applying for liquidation has risen to 45.
Among the companies that decided to cease their activities in the cryptocurrency field were Bitfinex, Coinbase Turkey, and QNB, as well as Bitget Türkiye.
With the latest update, the number of companies on the List of Active Companies decreased to 60.
In the latest published list, Türkiye’s leading banking institutions Akbank, Garanti Bank, İş Bank and Yapı Kredi were among the institutions that applied for a cryptocurrency custody license.
In addition, the CMB announced that it had taken a significant restriction decision against 10 cryptocurrency service providers whose license application process was ongoing at the meeting held on July 17, 2025.
These companies included Arbitex, GMS Global, Gümüş Global, Kriptrade, MEXC, Necen, Ovro, Rootech, Web3, and Yuex. The Capital Markets Board (SPK) stated that these companies will not accept new clients until further notice and will only be allowed to process transactions for existing clients.
“Regarding Arbitex, GMS Global, Gümüş Global, Kriptrade, Mexc, Necen, Ovro, Rootech, Web3 and Yuex; at our Board meeting dated 17.07.2025 and numbered 40, it was decided that the relevant Platforms would not accept new customers until further notice and would only allow transactions to be carried out by existing customers.”
*This is not investment advice.
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