An Analysis on Crypto Assets in The Order İntroduced by The Law No 7518

Himmet Koç

Article Details

An Analysis on Crypto Assets in The Order İntroduced by The Law No 7518

Authors:

Himmet Koç

Publisher:

Süleyman Demirel University

Main Topics:

Bilişim ve Teknoloji Hukuku | Bankacılık | Finans ve Menkul Kıymetler Hukuku

Journal:

Süleyman Demirel Üniversitesi Hukuk Fakültesi Dergisi Vol.15 Issue 1, pp.901-951

Document Type:

Article

Publication Date:

6/2025

Document Language:

Turkish

Document ID (Org No.):

2001350031

pISSN:

2146-7129

Keywords:

Abstract:

 Crypto assets are assets that are developed using distributed ledger technology, secured by a technology called cryptography encryption and can exist in the virtual world. The concept of crypto asset is used as a meta-concept to cover concepts such as cryptocurrencies, non-fungible tokens, service tokens and security tokens. It is also used in this way in the The Code of Capital Markets, which entered new version into force in Turkey on 02.07.2024 and determines the principles regarding crypto assets. Crypto assets may be subject to legal transactions such as purchase and sale, use as a means of payment, and may be considered as investment instruments. On the other hand, issues such as the seizure of crypto-assets, being subject to pledge transactions, and whether they can be inherited have caused controversy. Their decentralized nature has also increased the possibility of these transactions being used in a way that circumvents state authority and control. Many countries around the world have had to regulate crypto assets. The biggest danger with cryptoassets is their use in money laundering and terrorism financing. On the other hand, the fact that crypto-assets have started to be used as a means of payment and that states see crypto-assets as a threat to their monopoly money supply authority has also made legal regulation essential.

 Crypto assets are assets that are developed using distributed ledger technology, secured by a technology called cryptography encryption and can exist in the virtual world. The concept of crypto asset is used as a meta-concept to cover concepts such as cryptocurrencies, non-fungible tokens, service tokens and security tokens. It is also used in this way in the The Code of Capital Markets, which entered new version into force in Turkey on 02.07.2024 and determines the principles regarding crypto assets. Crypto assets may be subject to legal transactions such as purchase and sale, use as a means of payment, and may be considered as investment instruments. On the other hand, issues such as the seizure of crypto-assets, being subject to pledge transactions, and whether they can be inherited have caused controversy. Their decentralized nature has also increased the possibility of these transactions being used in a way that circumvents state authority and control. Many countries around the world have had to regulate crypto assets. The biggest danger with cryptoassets is their use in money laundering and terrorism financing. On the other hand, the fact that crypto-assets have started to be used as a means of payment and that states see crypto-assets as a threat to their monopoly money supply authority has also made legal regulation essential.

 Crypto assets are assets that are developed using distributed ledger technology, secured by a technology called cryptography encryption and can exist in the virtual world. The concept of crypto asset is used as a meta-concept to cover concepts such as cryptocurrencies, non-fungible tokens, service tokens and security tokens. It is also used in this way in the The Code of Capital Markets, which entered new version into force in Turkey on 02.07.2024 and determines the principles regarding crypto assets. Crypto assets may be subject to legal transactions such as purchase and sale, use as a means of payment, and may be considered as investment instruments. On the other hand, issues such as the seizure of crypto-assets, being subject to pledge transactions, and whether they can be inherited have caused controversy. Their decentralized nature has also increased the possibility of these transactions being used in a way that circumvents state authority and control. Many countries around the world have had to regulate crypto assets. The biggest danger with cryptoassets is their use in money laundering and terrorism financing. On the other hand, the fact that crypto-assets have started to be used as a means of payment and that states see crypto-assets as a threat to their monopoly money supply authority has also made legal regulation essential.

 Kripto varlıklar; dağıtık defter teknolojisi kullanılarak geliştirilen, kriptografi şifreleme adı verilen bir teknolojiyle güvence altına alınan ve sanal alemde varlık gösterebilen değerlerdir. Kripto varlık kavramı kripto paralar, değiştirilemeyen tokenler, hizmet tokenleri ve menkul kıymet tokenleri gibi kavramları kapsayacak şekilde bir üst kavram olarak kullanılmaktadır. Ülkemizde 02.07.2024 tarihinde yürürlüğe giren ve kripto varlıklarla ilgili esasların belirlendiği Sermaye Piyasası Kanununda da bu şekilde kullanılmıştır. Kripto varlıklar alım satım, ödeme aracı olarak kullanılma gibi hukuki işlemlere konu olabilirler ve yatırım aracı olarak değerlendirilebilirler. Öte yandan kripto varlıkların haczedilmeleri, rehin işlemine konu olmaları, miras yolu ile intikal edip etmeyecekleri gibi meseleler tartışmalara neden olmuştur. Merkeziyetsiz bir yapıya sahip olmaları da bu işlemlerin devlet otoritesini ve denetimini aşacak şekilde kullanılma olasılığını artırmıştır. Dünya çapında pek çok ülke kripto varlıklarla ilgili düzenleme yapmak durumunda kalmıştır. Zira kripto varlıklarla ilgili en büyük tehlike, bunların kara para aklamada ve terörizmin finansmanında kullanılmasıdır. Öte yandan kripto varlıkların ödeme aracı olarak kullanılmaya başlamaları ve devletlerin kripto varlıkları kendi tekellerinde bulunan para arzı yetkisine bir tehdit unsuru olarak görmeleri de yasal düzenleme yapılmasını elzem hale getirmiştir.

Article Details

An Analysis on Crypto Assets in The Order İntroduced by The Law No 7518

Authors:

Himmet Koç

Publisher:

Süleyman Demirel University

Main Topics:

Bilişim ve Teknoloji Hukuku | Bankacılık | Finans ve Menkul Kıymetler Hukuku

Journal:

Süleyman Demirel Üniversitesi Hukuk Fakültesi Dergisi Vol.15 Issue 1, pp.901-951

Document Type:

Article

Publication Date:

6/2025

Document Language:

Turkish

Document ID (Org No.):

2001350031

pISSN:

2146-7129

Crypto

Crypto Asset

Payment Instrument

Investment Instrument

Money.Kripto

Kripto Varlık

Ödeme Aracı

Yatırım Aracı

Para.

Issues

Article Details

Authors: Himmet Koç

Publisher: Süleyman Demirel University

Main Topics: Bilişim ve Teknoloji Hukuku | Bankacılık | Finans ve Menkul Kıymetler Hukuku

Journal: Süleyman Demirel Üniversitesi Hukuk Fakültesi Dergisi Vol.15 Issue 1, pp.901-951

Document Type: Article

Publication Date: 6/2025

Document Language: Turkish

Document ID (Org No.): 2001350031

pISSN: 2146-7129

Issues

Authors:

Himmet Koç

Publisher:

Süleyman Demirel University

Main Topics:

Bilişim ve Teknoloji Hukuku | Bankacılık | Finans ve Menkul Kıymetler Hukuku

Journal:

Süleyman Demirel Üniversitesi Hukuk Fakültesi Dergisi Vol.15 Issue 1, pp.901-951

Document Type:

Article

Publication Date:

6/2025

Document Language:

Turkish

Document ID (Org No.):

2001350031

pISSN:

2146-7129