The Turkish passport has emerged as an increasingly attractive document for cryptocurrency traders and investors worldwide. With Turkey's citizenship by investment program offering one of the most accessible pathways to obtaining this travel document, many high-net-worth individuals are exploring how their new Turkish citizenship integrates with cryptocurrency trading platforms.

Binance, the world's largest cryptocurrency exchange by trading volume, has specific Know Your Customer (KYC) requirements that all users must navigate. For Turkish passport holders, whether obtained through birth, naturalization, or investment, understanding the verification process can make the difference between seamless access and unexpected complications.

This comprehensive guide examines every aspect of using a Turkish passport for Binance KYC verification in 2025. From the technical requirements to potential challenges, regulatory considerations, and practical tips, we'll cover what Turkish citizens need to know about accessing one of the world's premier crypto trading platforms.

Understanding Turkey's Cryptocurrency Landscape in 2025

Turkey's relationship with cryptocurrency has evolved dramatically over the past several years. The country experienced one of the world's largest crypto adoption waves, driven primarily by economic uncertainty and the Turkish lira's volatility against major currencies.

By 2024, Turkey ranked as the fourth-largest cryptocurrency market globally. This surge was fueled by citizens seeking alternatives to traditional banking systems and hedge against currency devaluation. The Turkish lira's loss of over 50% of its value against the US dollar during the previous economic turbulence made cryptocurrency an attractive store of value for many Turkish citizens.

Regulatory Framework Development

The Turkish regulatory environment has undergone significant changes. In April 2021, the Central Bank of the Republic of Turkey (CBRT) prohibited the use of cryptocurrencies as payment methods, though it explicitly maintained the legality of holding, trading, and exchanging digital assets.

March 2025 marked a crucial turning point when the Turkish Capital Markets Board (CMB) issued comprehensive new regulations for Crypto Asset Service Providers (CASPs). These regulations, which took effect June 30, 2025, established clear licensing requirements and compliance frameworks that align with global standards, particularly the European Union's Markets in Crypto-Assets (MiCA) regulation.

Under the new framework, CASPs must obtain authorization from the CMB and meet substantial minimum capital requirements: TRY 150 million (approximately $4.1 million) for exchanges and TRY 500 million (approximately $13.7 million) for custodians. These requirements demonstrate Turkey's commitment to creating a regulated, secure cryptocurrency ecosystem.

Anti-Money Laundering Requirements

The Financial Crimes Investigation Board (MASAK) plays a crucial role in Turkey's crypto compliance framework. As of February 25, 2025, Turkey implemented comprehensive Travel Rule requirements for cryptocurrency transactions.

MASAK mandates identity verification for all cryptocurrency transactions exceeding 15,000 Turkish lira (approximately $425). This threshold applies to both domestic and international transactions, creating a robust framework for monitoring cryptocurrency flows.

These regulatory developments directly impact how Turkish passport holders interact with international exchanges like Binance, as domestic compliance requirements often influence verification procedures on global platforms.

Turkish Passport: Document Strength and Global Mobility

The Turkish passport provides significant global mobility for its holders. In 2025, Turkish citizens enjoy visa-free or visa-on-arrival access to between 114 and 137 destinations, depending on the ranking methodology used.

According to the Henley Passport Index, the Turkish passport ranks 48th globally, while other indices place it between 37th and 50th position. This variance occurs because different organizations use distinct criteria for counting visa-free access, electronic travel authorizations, and visa-on-arrival arrangements.

Key Travel Benefits

Turkish passport holders can travel visa-free to important business and leisure destinations including Japan, Singapore, South Korea, Hong Kong, and numerous countries across Asia, Africa, and South America. Notable visa-free access includes Malaysia (30 days), Thailand (30 days), and the Philippines (30 days).

For business purposes, Turkish citizens maintain visa-free access to key Middle Eastern markets including Qatar, Kuwait, and Iran. This regional access proves valuable for entrepreneurs and investors operating across these markets.

The Turkish passport also provides potential pathways to longer-term opportunities in major economies. Turkish citizens can apply for E-2 investor visas to the United States, B-1/B-2 visas valid for up to ten years, and multi-entry Schengen visas for European business travel.

Special Passport Categories

Turkey issues four types of passports: ordinary (maroon), special (green), service, and diplomatic. The special passport, available to certain professionals and officials, provides enhanced travel access including visa-free entry to Schengen Area countries.

Special passport holders can travel to 158 destinations plus the Schengen Area, ranking 16th globally. However, for cryptocurrency trading purposes, most investors and business professionals use ordinary Turkish passports.

Turkey's Citizenship by Investment Program

Turkey's citizenship by investment program, launched in 2017, has become one of the world's most popular routes to obtaining a second passport. The program offers multiple investment pathways with relatively low minimum thresholds and fast processing times.

Investment Options and Requirements

The most popular pathway involves purchasing Turkish real estate worth at least $400,000. This investment must be maintained for a minimum of three years, after which the property can be sold without affecting citizenship status.

Alternative investment routes include depositing $500,000 in a Turkish bank for three years, purchasing $500,000 in government bonds, investing $500,000 in real estate or venture capital investment funds, contributing $500,000 to a private pension system, or creating employment for at least 50 Turkish citizens.

The program underwent significant changes in 2024 and early 2025. New requirements include mandatory physical presence for both the main applicant and spouse during the application process, enhanced due diligence procedures, and stricter documentation requirements.

Recent Program Updates

As of 2024, applicants must be physically present in Turkey for fingerprinting and biometric data collection. Previously, some aspects of the application could be completed remotely through legal representatives.

Enhanced due diligence now requires certified criminal record certificates from both the home country and Turkey for both primary applicants and spouses. These certificates must be professionally translated into Turkish and properly apostilled.

The program also introduced new restrictions on real estate investments. Since December 2023, undeveloped land purchases no longer qualify for citizenship. Real estate investments must include existing buildings, construction permits, or established condominiums.

Processing Timeline and Costs

The typical processing time for Turkish citizenship by investment ranges from 4-6 months, though enhanced due diligence can extend this timeline to 8+ months in certain cases. The due diligence phase, which typically takes 3-4 months, represents the most critical and time-consuming aspect of the process.

Beyond the investment amount, applicants should budget for additional costs including legal fees, translation costs, document authentication, and various government fees. Total ancillary costs typically range from $15,000 to $30,000 depending on the complexity of the application and chosen service providers.

Binance's Global KYC Requirements in 2025

Binance has evolved from its early days of minimal verification requirements to becoming one of the most compliance-focused cryptocurrency exchanges globally. This transformation reflects both regulatory pressure and the company's strategic decision to operate in regulated markets worldwide.

Since late 2021, Binance has enforced mandatory KYC verification for all users, regardless of nationality, trading volume, or account type. The days of anonymous cryptocurrency trading on major centralized exchanges have effectively ended.

Verification Tiers and Limits

Binance operates a tiered verification system that determines user privileges and transaction limits. The basic "Verified" level unlocks cryptocurrency trading and standard withdrawal limits, sufficient for most retail trading activities.

Unverified accounts are restricted to "withdrawal only" functionality, essentially making them unusable for active trading. This policy applies globally, with no exceptions for users from any specific countries or regions.

Higher verification levels, including "Verified Plus" and institutional accounts, require additional documentation and provide access to increased limits and specialized features. These advanced tiers typically require proof of income, source of funds documentation, and in some cases, video call verification.

Standard KYC Documentation

Binance's standard KYC process requires three primary components: personal information, government-issued identification, and biometric verification through a "liveness check."

Personal information includes full legal name exactly matching government documents, date of birth, residential address, nationality, and contact details including email and phone number. Any discrepancies between documents and submitted information can cause verification delays or rejection.

The government-issued ID requirement accepts passports, national identity cards, or driver's licenses. For Turkish passport holders, the Turkish passport serves as the primary identification document, eliminating the need for additional identity verification in most cases.

Biometric Verification Process

Binance requires users to complete facial recognition verification through a real-time selfie or video verification process. This "liveness check" prevents the use of static photos and confirms that the person submitting the application matches the provided identification documents.

The biometric verification process typically takes just a few minutes to complete but can occasionally require multiple attempts if lighting conditions, camera quality, or facial positioning don't meet system requirements.

Some users may be selected for additional verification steps, including video calls with Binance compliance officers or submission of supplementary documents. These enhanced procedures are typically triggered by algorithmic risk assessment systems rather than nationality-based criteria.

Turkish Passport Acceptance on Binance

Turkish passports enjoy full acceptance on Binance's global platform without special restrictions or enhanced scrutiny based solely on nationality. The verification process for Turkish passport holders follows the same procedures applied to users from other countries.

Binance recognizes Turkey as a significant cryptocurrency market and maintains specific infrastructure to serve Turkish users. The platform operates both international services accessible to Turkish residents and Binance TR, a dedicated Turkish entity serving local users.

No Nationality-Based Restrictions

Unlike citizens from sanctioned countries or high-risk jurisdictions, Turkish passport holders do not face blanket restrictions or additional verification requirements based solely on their nationality. Turkey maintains normal diplomatic and economic relationships with most countries where Binance operates.

The platform's risk assessment systems evaluate individual users based on multiple factors including transaction patterns, source of funds, and behavioral analytics rather than passport-based discrimination. Turkish passport holders undergo the same streamlined verification process available to citizens of other developed economies.

This equal treatment extends to all features of the Binance platform, including spot trading, futures trading, staking services, and fiat on-ramp and off-ramp services where available.

Platform Accessibility Options

Turkish users can access Binance through two primary channels. The international Binance platform (binance.com) serves users globally, including Turkish residents, with full cryptocurrency trading functionality and international payment methods.

Binance TR (trbinance.com) operates as a dedicated Turkish entity with local banking partnerships, Turkish lira deposit and withdrawal options, and localized customer support in Turkish. This domestic platform provides additional convenience for users who prefer to transact in their local currency.

Both platforms maintain the same KYC standards and security protocols, with the choice between them typically depending on preferred funding methods and local banking relationships rather than verification requirements.

Step-by-Step KYC Process for Turkish Passport Holders

The verification process for Turkish passport holders follows Binance's standardized global procedures. Understanding each step helps ensure smooth completion without unnecessary delays or complications.

Account Creation and Email Verification

Begin by creating a Binance account using a valid email address and strong password. Email verification is mandatory and must be completed before proceeding with identity verification.

Choose an email address that you control permanently and can access reliably, as this will serve as your primary account recovery method. Avoid using temporary email services or accounts that might become inaccessible.

Enable two-factor authentication (2FA) immediately after email verification. While not strictly required for KYC completion, 2FA significantly enhances account security and is mandatory for withdrawals.

Personal Information Submission

Enter your personal information exactly as it appears on your Turkish passport. Common errors include slight variations in name spelling, incorrect date formats, or mismatched address information.

Use the address format preferred by Binance's system, typically following international addressing standards. Turkish addresses should include all relevant details including neighborhood (mahalle), district (ilçe), province (il), and postal code.

Select "Turkey" as your nationality and country of residence (if applicable). If you maintain residence in a different country while holding Turkish citizenship, use your actual residence country rather than nationality.

Document Upload Requirements

Upload clear, high-quality photos or scans of your Turkish passport. Ensure all text is legible, corners are visible, and lighting is even without shadows or glare.

The passport must be valid for at least six months from the verification date. Expired or soon-to-expire passports will be rejected, requiring renewal before completing KYC.

Both the main identification page and any pages containing relevant stamps or visas should be uploaded if requested. Some users may be asked to provide additional pages to verify travel history or residence status.

Biometric Verification Completion

Complete the facial recognition verification using a device with a functional camera. This process works best in well-lit environments with minimal background distractions.

Follow the on-screen instructions carefully, including head movements, blinking, or speaking required words. The system needs to confirm that you're a live person rather than a photograph or video.

Multiple attempts may be necessary if technical issues occur. Ensure your internet connection is stable and your device camera is functioning properly before beginning this step.

Verification Timeline and Status Updates

Standard KYC verification for Turkish passport holders typically completes within 24-72 hours, though complex cases or high application volumes may extend this timeline.

Binance provides status updates through email notifications and in-app messages. Check both your email and Binance account dashboard regularly for updates or requests for additional information.

Incomplete or rejected applications typically include specific explanations of required corrections. Address these issues promptly to avoid further delays in the verification process.

Potential Challenges and Common Issues

While Turkish passport holders generally experience straightforward KYC verification on Binance, several potential challenges can arise during the process. Understanding these issues helps prevent delays and ensures successful completion.

Documentation Quality Requirements

Poor photo or scan quality represents the most common cause of verification delays or rejection. Binance's automated systems require high-resolution images where all text is clearly readable and document security features are visible.

Avoid using mobile phone photos taken in poor lighting conditions. Instead, use a scanner or high-quality camera with adequate lighting to capture document images.

Ensure that all four corners of the passport are visible in the image and that the document lies flat without curves, shadows, or reflections that might obscure important information.

Name Matching Complications

Turkish names can sometimes create challenges in automated verification systems designed primarily for Western naming conventions. Names containing Turkish characters (ç, ğ, ı, ö, ş, ü) or multiple middle names may require manual review.

Enter your name exactly as it appears in the machine-readable zone of your Turkish passport, as this section uses Latin alphabet characters that match Binance's system requirements.

If your passport contains both Turkish and English name versions, use the version that appears in the machine-readable zone at the bottom of the identification page.

Address Verification Complexities

Turkish address formats may not align perfectly with Binance's standardized input fields. The platform expects addresses in international formats that may differ from Turkish postal addressing conventions.

Use clear, internationally recognizable address formatting. Include English translations of neighborhood names and district names when possible, while maintaining accuracy to your official address documents.

If you maintain residences in multiple countries, use your primary residence address consistently across all platform interactions to avoid triggering additional verification requirements.

Enhanced Due Diligence Scenarios

Some Turkish passport holders may be selected for enhanced due diligence procedures, particularly those who obtained citizenship through investment programs. These additional checks are not discriminatory but reflect standard compliance practices for high-value accounts or complex financial backgrounds.

Enhanced due diligence may require additional documentation including source of funds verification, bank statements, or professional references. Respond to these requests promptly and provide complete documentation to expedite the review process.

Business owners, high-net-worth individuals, or those with complex international financial arrangements are more likely to undergo enhanced review regardless of nationality.

Regulatory Compliance Considerations

Turkish passport holders must navigate both Turkish domestic regulations and international compliance requirements when using cryptocurrency exchanges like Binance. Understanding these regulatory frameworks helps ensure compliant usage and avoid potential legal issues.

Turkish Domestic Requirements

Turkish residents, regardless of passport nationality, must comply with domestic cryptocurrency regulations established by MASAK and the CMB. These requirements apply to all cryptocurrency activities, including trading on international platforms.

The Travel Rule requirements mean that Turkish residents must be prepared to provide identity information for transactions exceeding 15,000 Turkish lira (approximately $425). This applies to both incoming and outgoing transactions involving Turkish banks or payment systems.

Turkish tax residents must also consider reporting requirements for cryptocurrency gains, though Turkey currently maintains relatively favorable tax treatment for cryptocurrency investments compared to many other countries.

International AML Compliance

Binance operates under multiple regulatory jurisdictions and must comply with anti-money laundering regulations in each market where it operates. This creates layered compliance requirements that affect all users regardless of nationality.

Financial Action Task Force (FATF) guidelines require customer due diligence for all users, which explains Binance's mandatory KYC policies. Turkish passport holders benefit from Turkey's compliance with FATF standards, which generally facilitates smoother verification processes.

Users should be prepared to provide source of funds documentation if requested, particularly for large transactions or unusual trading patterns. This requirement applies globally rather than being specific to Turkish users.

Cross-Border Transaction Monitoring

Large cryptocurrency transactions may trigger reporting requirements in multiple jurisdictions. Turkish passport holders trading significant volumes should understand both Turkish and international reporting thresholds.

Maintain detailed records of all cryptocurrency transactions, including dates, amounts, counterparties, and purposes. These records may be required for tax reporting or regulatory compliance in various jurisdictions.

Consider consulting with qualified tax and legal professionals who understand both Turkish and international cryptocurrency regulations, particularly for substantial trading activities or complex investment strategies.

Comparing Turkish Access to Other Nationalities

Turkish passport holders enjoy relatively favorable treatment on Binance compared to citizens of many other countries. Understanding these comparative advantages helps contextualize the Turkish experience within the global cryptocurrency trading landscape.

Unrestricted Access Markets

Turkey belongs to the category of countries with unrestricted access to Binance's full feature set. This places Turkish users in the same category as citizens of most developed economies, including European Union countries, Canada, Australia, and most Asian markets.

This unrestricted access contrasts sharply with the experience of users from sanctioned countries, high-risk jurisdictions, or countries where Binance has suspended operations due to regulatory challenges.

Turkish users can access all trading pairs, leverage options, staking services, and financial products available on the international Binance platform without geographical restrictions.

Enhanced Services Through Binance TR

The availability of Binance TR provides Turkish users with additional advantages not available to most other nationalities. This localized platform offers Turkish lira deposit and withdrawal options, local banking partnerships, and customer support in Turkish.

Local fiat gateway services reduce transaction costs and processing times compared to international wire transfers or third-party payment processors that users from other countries might require.

The dual platform approach (international Binance plus Binance TR) gives Turkish users flexibility in choosing the most convenient access method based on their specific needs and preferences.

Regulatory Environment Advantages

Turkey's evolving but increasingly clear regulatory framework provides Turkish users with greater certainty compared to users in countries with unclear or hostile cryptocurrency regulations.

The development of comprehensive CASP licensing requirements signals governmental acceptance of cryptocurrency as a legitimate financial sector, reducing the likelihood of sudden regulatory changes that might affect platform access.

This regulatory clarity contrasts with the uncertainty faced by users in countries where cryptocurrency regulations remain undefined or where governments have taken hostile stances toward digital assets.

Privacy and Data Protection Implications

Using a Turkish passport for Binance KYC involves sharing personal information with an international cryptocurrency exchange. Understanding privacy implications and data protection measures helps users make informed decisions about their verification choices.

Information Sharing Protocols

Binance maintains detailed privacy policies explaining how user data is collected, stored, and shared. Turkish passport information becomes part of this data ecosystem and may be shared with regulatory authorities, compliance partners, and law enforcement when required by law.

The platform implements standard industry data protection measures including encryption, secure data centers, and access controls. However, users should understand that KYC information is retained for regulatory compliance purposes even after account closure.

Cross-border data transfers mean that Turkish users' information may be processed in multiple jurisdictions with varying data protection standards. Binance's global operations require data sharing between different international entities within their corporate structure.

Turkish Data Protection Laws

Turkey has comprehensive data protection legislation that governs how organizations handle personal information. The Personal Data Protection Law (KVKK) provides Turkish citizens with specific rights regarding their personal data.

Turkish users maintain rights to access, correct, and request deletion of their personal information, though regulatory compliance requirements may limit deletion options for verified cryptocurrency exchange accounts.

Understanding these rights helps Turkish users navigate privacy concerns while complying with necessary verification requirements for cryptocurrency trading access.

Practical Privacy Considerations

While complete anonymity is not possible on regulated cryptocurrency exchanges, Turkish users can take steps to minimize unnecessary privacy exposure.

Use dedicated email addresses for cryptocurrency activities, enable strong authentication measures, and regularly review account security settings to maintain optimal privacy within the constraints of regulatory compliance.

Consider the long-term implications of KYC verification, as this information becomes part of your permanent digital identity associated with cryptocurrency activities across multiple platforms and jurisdictions.

Alternative Verification Strategies

Turkish passport holders have several strategic approaches to KYC verification that can optimize their experience on Binance while maintaining compliance with all applicable regulations.

Timing Optimization

Complete KYC verification before attempting any trading activities. This proactive approach avoids potential account restrictions that might prevent access to cryptocurrencies during market opportunities.

Consider completing verification during off-peak hours when automated systems may process applications more quickly. Mid-week timing often results in faster manual review if additional verification steps are required.

Prepare all documentation in advance and ensure passport validity extends well beyond six months to avoid renewal requirements during the verification process.

Documentation Preparation

Gather all required documents before beginning the KYC process. This includes not only the Turkish passport but also any potential supporting documentation that might be requested during enhanced due diligence.

Professional document scanning or photography ensures high-quality submissions that meet Binance's technical requirements. Poor image quality represents the most common cause of verification delays.

Consider having certified translations of Turkish documents readily available, though these are typically not required for passport-based verification on international platforms.

Account Security Enhancement

Implement strong security measures immediately upon account creation, before beginning KYC verification. This includes two-factor authentication, secure password management, and email security.

Strong security practices from the beginning reduce the likelihood of account compromise that could complicate verification processes or require additional identity confirmation steps.

Regular security reviews and updates maintain optimal account protection throughout the verification process and ongoing platform usage.

Industry Best Practices and Recommendations

Turkish passport holders can follow several industry best practices to ensure smooth KYC verification and optimal ongoing compliance with Binance's requirements.

Pre-Verification Preparation

Research Binance's current requirements and policies before beginning verification. Platform requirements can change periodically, and staying informed prevents complications from outdated information.

Ensure all personal information across your digital identity remains consistent. Discrepancies between social media profiles, email accounts, or other online presence can occasionally trigger additional verification requirements.

Maintain organized digital and physical records of all cryptocurrency-related activities, as these may be required for ongoing compliance or enhanced verification procedures.

Professional Consultation

Consider consulting with qualified professionals who understand both Turkish regulations and international cryptocurrency compliance. This is particularly valuable for high-net-worth individuals or complex financial situations.

Legal and tax professionals can provide guidance on optimal compliance strategies that satisfy both Turkish domestic requirements and international platform obligations.

Professional guidance becomes increasingly valuable as transaction volumes and complexity increase, ensuring continued compliance as circumstances evolve.

Long-Term Account Management

Maintain current and accurate information in your Binance account. Notify the platform of any changes to personal information, contact details, or circumstances that might affect verification status.

Regular account reviews help identify potential issues before they become problems. This includes monitoring for any policy changes, new compliance requirements, or platform updates that might affect Turkish users.

Plan for potential verification updates or re-verification requirements. Some platforms periodically require users to update their verification information, particularly for high-activity accounts or changing regulatory environments.

Future Outlook and Considerations

The landscape for Turkish passport holders on cryptocurrency exchanges continues to evolve as both Turkish domestic regulations and international compliance standards develop.

Regulatory Evolution

Turkey's 2025 regulatory framework represents a significant step toward comprehensive cryptocurrency regulation. Continued development of this framework will likely create additional clarity and potentially new requirements for Turkish cryptocurrency users.

The alignment with international standards like MiCA suggests that Turkish users may benefit from increasingly harmonized compliance requirements across different platforms and jurisdictions.

Ongoing dialogue between Turkish regulators and international cryptocurrency exchanges may result in enhanced services or streamlined processes for Turkish users in the future.

Platform Development

Binance's continued investment in localized services suggests ongoing commitment to the Turkish market. This may result in enhanced features, additional local partnerships, or expanded service offerings for Turkish users.

The success of Binance TR demonstrates the viability of localized cryptocurrency exchange services in Turkey, potentially leading to expanded local service offerings or additional international exchanges establishing Turkish operations.

Technological improvements in KYC and compliance systems may streamline verification processes while maintaining security and regulatory compliance standards.

Strategic Recommendations

Turkish passport holders should stay informed about both domestic and international regulatory developments that might affect their cryptocurrency trading activities.

Building relationships with qualified professional advisors who understand the evolving regulatory landscape provides valuable support for navigating changes and opportunities.

Maintaining flexible strategies that can adapt to regulatory changes helps ensure continued access to cryptocurrency trading opportunities while remaining compliant with all applicable requirements.

Conclusion

Turkish passport holders enjoy favorable access to Binance's cryptocurrency trading platform in 2025. The verification process follows standard international procedures without nationality-based restrictions, reflecting Turkey's position as a legitimate and well-regulated cryptocurrency market.

The combination of Turkey's evolving regulatory framework, Binance's comprehensive compliance systems, and the Turkish passport's global recognition creates a straightforward path for Turkish citizens to access international cryptocurrency trading opportunities.

Success in KYC verification depends primarily on proper preparation, high-quality documentation, and understanding of both Turkish domestic requirements and international compliance standards. Turkish passport holders who follow established best practices can expect smooth verification processes and full access to Binance's trading platform.

The future outlook remains positive, with continued regulatory development in Turkey and ongoing international platform enhancements likely to create additional opportunities and streamlined processes for Turkish cryptocurrency users.

For those considering Turkish citizenship as a pathway to enhanced cryptocurrency trading access, the combination of favorable platform treatment, regulatory clarity, and global mobility makes the Turkish passport an increasingly attractive option in the evolving cryptocurrency landscape.

Understanding these dynamics positions Turkish passport holders to make informed decisions about their cryptocurrency trading strategies while maintaining compliance with all applicable regulations and maximizing the benefits of their Turkish citizenship in the global digital economy.


This article provides general information about Binance KYC procedures for Turkish passport holders. Cryptocurrency regulations change frequently, and individual circumstances vary. Consult qualified legal and financial professionals for advice specific to your situation before making significant cryptocurrency investment or trading decisions.