The Official Verification Requirement in #KYC Processes Has Begun with the New Regulation

An important regulation affecting all financial institutions, especially #crypto asset service providers, has come into effect with the communiqué of the Ministry of Treasury and Finance published in the Official Gazette dated June 12, 2025, and numbered 32924.

Summary of the New Regulation:

With the amendment to the General Communiqué of the Financial Crimes Investigation Board (MASAK), remote identity verification processes will no longer be limited to visual verification and liveliness tests. It has become mandatory to verify identity and address information (First Name, Last Name, Date of Birth, T.C. Identity Number) through the official database of the NVI Identity Sharing System.

What does this mean?

• A new layer is being added to KYC processes: Documents used for remote identity verification will now be verified not only by visual means but also by comparison with the government's official systems.

• Technical integration is required for #Crypto and financial platforms: Service providers need to ensure technical compatibility with the NVI (General Directorate of Population and Citizenship Affairs) Identity Sharing System.