Türkiye’s rapid strides towards taxing cryptocurrency gains signify a pivotal shift in its economic regulation policies. Key Developments in Türkiye’s Cryptocurrency Regulation In recent days, Turkey has made significant progress in the regulation and taxation of crypto assets. Finance Minister Mehmet Şimşek delivered crucial insights on the subject during his economic presentation, suggesting that comprehensive measures are on the horizon. Major Tax Reforms Underway Finance Minister Şimşek announced that several tax exemptions, reductions, incentives, and exceptions would be revoked. He also mentioned that the tax on fund incomes would be…
Read MoreMinister Şimşek announces taxation on cryptocurrency income in Turkey
