TRY Stablecoins – Milestones
Key milestones and important events in TRY Stablecoins's history.
Showing 4 milestones for TRY Stablecoins
Capital Markets Board Details CASP Licensing
The Capital Markets Board (SPK) of Turkey published communiqués detailing the specific licensing requirements and operational regime for Crypto Asset Service Providers (CASPs).
Turkey Establishes Crypto Asset Regulation
Law No. 7518 was published, amending the Capital Markets Law to formally establish a regulatory framework for crypto assets and crypto asset service providers (CASPs) in Turkey.
Turkish Central Bank Bans Crypto Payments
The Central Bank of the Republic of Turkey (CBRT) issued a regulation banning the use of all crypto-assets, including stablecoins, for the direct or indirect payment of goods and services.
Launch of BiLira (TRYB)
BiLira (TRYB) was launched in June 2019, marking the emergence of the first prominent stablecoin pegged to the Turkish Lira and establishing the TRY stablecoin category.