[Stablecoin Regulatory Framework Still Needs Improvement; FSB Urges Turkey to Further Improve Crypto Asset Regulation] Odaily Planet Daily reports that the Financial Stability Board (FSB) released a peer review report on Turkey, noting that Turkey has made substantial progress in the regulation, supervision, and review of the crypto asset market in recent years, bringing most related activities under regulation and imposing registration and licensing requirements on crypto asset service providers (CASPs). The report states that Turkey has also implemented asset custody segregation measures, prohibited the use of crypto assets for payments within its borders, and established a centralized data platform to monitor related activities. The FSB believes that Turkey still needs to implement a financial stability monitoring framework, establish a specific regulatory system for stablecoins, strengthen regulation and enforcement, and promote cross-border regulatory cooperation and information sharing.