BTC $67,444.00 (-1.59%)
ETH $1,943.66 (-2.34%)
XRP $1.39 (-3.95%)
BNB $611.15 (-2.68%)
SOL $83.25 (-3.77%)
TRX $0.29 (+0.58%)
DOGE $0.10 (-4.41%)
BCH $569.89 (+0.84%)
ADA $0.27 (-4.04%)
LEO $8.19 (-1.63%)
HYPE $28.78 (-3.86%)
LINK $8.64 (-3.72%)
CC $0.16 (-0.41%)
XMR $324.09 (-2.12%)
XLM $0.16 (-4.59%)
RAIN $0.01 (+0.90%)
HBAR $0.10 (-3.03%)
LTC $53.28 (-3.91%)
ZEC $242.83 (-6.52%)
AVAX $8.82 (-5.10%)

Jordan vs Turkey

Crypto regulation comparison

← Back to map | Jordan | Turkey
Jordan

Jordan

Turkey

Turkey

Restricted
Legal

Jordan restricts cryptocurrency use. The Central Bank of Jordan has issued multiple warnings against crypto use and prohibits banks and financial institutions from dealing in it. The JSC does not recognize crypto as a financial instrument. However, private ownership is not explicitly criminalized.

Turkey has one of the highest crypto adoption rates globally, driven by lira depreciation and high inflation. While crypto ownership is legal, the CBRT banned crypto payments in April 2021. In 2024, Turkey passed comprehensive crypto legislation under the Capital Markets Law amendment, giving the CMB authority to license and regulate crypto asset service providers. No crypto-specific tax exists yet, though legislation is under consideration. MASAK (Financial Crimes Investigation Board) oversees AML compliance.

Tax Type Unclear
Tax Type None
Tax Rate N/A
Tax Rate 0% (legislation pending)
Exchanges No No
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CBJ (Central Bank of Jordan), JSC (Jordan Securities Commission)
Regulator CMB (Capital Markets Board), CBRT (Central Bank), MASAK
Stablecoin Rules Not specifically regulated; CBJ does not endorse any crypto
Stablecoin Rules Under development; CBRT banned crypto for payments
Key Points
  • CBJ prohibits banks and payment companies from dealing in cryptocurrency
  • JSC does not recognize or regulate crypto as a security or financial instrument
  • Multiple government warnings issued advising against crypto investment
  • Private ownership of crypto is not explicitly criminalized
  • Jordan has explored blockchain for government services but remains cautious on crypto trading
Key Points
  • 2024 Capital Markets Law amendment gives CMB authority to license crypto platforms
  • CBRT banned the use of crypto assets for payments in April 2021
  • No crypto-specific tax currently; capital gains tax legislation under discussion
  • MASAK enforces AML/KYC requirements on crypto platforms
  • Turkey ranks among top 5 globally for crypto adoption (driven by lira depreciation)
Sources
Sources