- Kucoin TR emphasizes its commitment to providing smooth services for customers in Turkey by adapting to the transition frame adopted by SPK.
- Since its debut of its local platform in 2024, Kucoin TR has quickly expanded to serve the thriving Cryptocurrency community in Turkey.
- As Turkey continues to legalize its dynamic Cryptocurrency ecosystem, this milestone Kucoin TR puts on the list of functioning organizations maintained by SPK.
KukoinA prominent Cryptocurrency exchange operating on a global scale is very pleased to announce that itstürkiye partner, Kucoin trripo Varlık Alım Satım Platformu Aş (also known as “Kucoin TR”), has also officially submitted its license for Türkag Prescription as an employee as a licensing application to Türkiye Capital Markets Board of Directors (also known as “SPK”) in regular Authorization Authorization Authorcation Autorcation Autorcation Autorcation as a crypt aspect.
As Turkey continues to legalize its dynamic Cryptocurrency ecosystem, this milestone Kucoin TR puts on the list of functioning organizations maintained by SPK. It is also noted that significant platforms such as Binance TR, Bybit TR, OKX TR and others are also included in this list. Kucoin TR emphasizes its commitment to providing smooth services for customers in Turkey by adapting to the transition frame adopted by SPK. In addition, the company prioritizes fixed infrastructure, user security and compliance at the same time.
Since its debut of its local platform in 2024, Kucoin TR has quickly expanded to serve the thriving Cryptocurrency community in Turkey. Significant milestones have achieved significant milestones when it comes to service innovations, leadership and regulatory adaptation through its rapid development. In September 2024, the platform introduced updates for users of Türkiye Lira (trial). These updates included improved Fiat ramps by Türkiye Lira (trials), faster deposits and withdrawals and user-friendly features that made Cryptocurrency more accessible for everyday transactions and investments in a market where a significant part of the population conducts digital assets. Kucoin Local Management Team was reinforced earlier in August 2024 with the addition of individuals with experience in compliance and growth.
As a demonstration of an early commitment for upcoming laws, Kucoin TR submitted its first SPK application in August 2024. This application joined 47 exchanges (which then increased) according to the modified capital market no 6362. This ensured that users would continue to have continuous access to the network throughout the overview. The fact that Kucoin makes these steps shows its commitment to comply with rules and provide services that are reliable.
Turkey’s legal environment for Cryptocurrencies has made significant progress to create a balance between innovation and investors’ protection. This development has been influenced by economic forces such as the volatility of Türkiye Lira, which has driven broad assumption as a hedge against inflation.
From changes to the capital market law no. 6362 in 2024, which defined crypto assets and authorized SPK surveillance, the landscape was developed with secondary provisions in March 2025, Communiqués III-35/B.1 and III-35/B.2. These regulations introduced capital reserves, AML, KYC and travel rule, as well as storage rules, while prohibiting high risk activities and leverage.
The implementation of transition phases that need complete licensing in June 2026, with enforcement measures such as site blocking for unlicensed platforms and recall delays of 72 hours, will result in the creation of a safe environment that will channel tension to regulated channels and attract institutional investments.
Tony Ruan, Head of Kucoin TR stated:
“When Türkiye’s regulatory landscape matures, Kucoin Standhaft remains in our commitment to compliance and user-centered innovation. Sending our application to SPK is a natural extension of our global strategy to proactively fulfill local requirements, to build a reliable platform where Türkiye users can be thrown.
BC Wong, CEO of Kucoin, added:
“At Kucoin, Our Commitment to Compliance Has Always Been at the Core of Our Strategy, and We Continue to Move Forward with Confidence and Determination. From Becoming the First Global Exchange Successfully Registered with India’s Fiu, to Mica License Thailand, and now Kucoin Tr’s SPK Application in Türkiye, Each Milestone Reflects Our Dedication to Building A Secure, Compliant, and Transparent Trading Environment. We will continue to meet the users’ needs around the world.
Kucoin TR is well positioned to make a contribution to a future in Turkey that is more regulated and including Cryptocurrency through the use of this SPK application. By maintenance of the highest possible standards for security and compliance, Kucoin extends an invitation to its users, partners and supervisory authorities to participate in the development of an ecosystem that promotes innovation while following a set of regulations.
To provide reliable and secure Cryptocurrency services that are specifically adapted to the Turkish market, Kucoin TR was created. Kucoin TR is dedicated to helping consumers in Turkey find interesting Cryptocurrency projects and invest in them. The company places a particularly strong emphasis on compliance, security and user interaction.
