Turkey plans to announce crypto regulation and taxation in 2024
Turkey sets its sights on implementing cryptocurrency taxation and other regulatory measures as part of its 2024 Presidential Annual Program. Turkey has reignited its focus on crypto currencies and exchanges as part of its 2024 Presidential Annual Program, signaling the possible implementation of taxation and other regulatory measures. Although there were several discussions on crypto regulation in the previous years, no concrete steps had been taken. The government now plans to finalize regulation s within the coming year. A regulatory overhaul from Turkey According to the Official Gazette, which published Decision Number 7739 approving the “2024 Presidential Annual Program,” the government intends to complete crypto regulation s next year. The document reveals a few key points related to crypto currencies under the “Policies and Measures” section, specifically in line item 400.5 titled “Activities and Projects to be Executed”. This it...