CertiK and TUBITAK BILGEM Enhance Crypto Security in Turkey
- The workshop took place on June 5, focusing on the regulatory framework for Cryptocurrency Asset Service Providers (CASP) in Turkey.
- Key discussions included the use of certified Hardware Security Modules (HSM) per FIPS 140-3 Level 3 standards and multi-signature protocols.
- As of May, major cyber exploits nearly matched those recorded for all of the previous year, highlighting rising threats in Web3.
- Participants explored custodial storage solutions and security measures for stablecoins and Real World Asset (RWA) tokenization.
- Incident response strategies were outlined using case studies from WOO X and KelpDAO to enhance operational readiness.
This workshop underscores Turkey’s detailed regulatory landscape for crypto assets, emphasizing proactive measures against evolving cyber threats in the cryptocurrency sector.
The event highlighted critical security frameworks that align with Turkey’s intricate CASP regulations, addressing key issues as major exploits surged close to last year’s totals. (Source)
