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Fintech Market Overview

This article does not constitute legal advice.

Smart contracts in Turkey

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In order to be compliant with the Turkish Law of Obligations (Law No. 6098), a contract must contain an offer and acceptance and those involved need to have the intention for it to be legally binding. The enforceability of self-executing contracts could, however, be disputed due to their restriction on parties' abilities to negotiate terms and conditions. Additionally, these forms of contract do not satisfy the requirements for a legal agreement stipulated under certain laws (real estate contracts, vehicle sales agreements).1

Client identification in Turkey

Fintech in Turkey

Fintech in other countries

Notes
  1. https://thelawreviews.co.uk/title/the-financial-technology-law-review/turkey