There Are Two Separate Taxes on Cryptocurrency Transactions in Turkey! Will Rates Disappoint Investors?

The increasing use and adoption of Bitcoin (BTC) and cryptocurrencies has prompted governments to take action.

While some countries choose to ban cryptocurrencies, others prefer to regulate them legally.

At this point, while Türkiye is trying to regulate cryptocurrencies, taxation efforts continue.

According to Habertürk’s news, the Revenue Administration of the Ministry of Treasury and Finance is preparing to take important steps to determine taxation policies regarding cryptocurrencies.

Habertürk claimed in its news that there were two separate taxes for cryptocurrency transactions.

The news about the Revenue Administration’s tax regulation work on cryptocurrencies was reported by Ondokuzmayıs University Faculty Member Prof. Dr. Based on Murat Batı’s

According to the information obtained in the news, it was also stated that the taxes to be imposed on cryptocurrency transactions will be in an amount that will not upset the crypto market.

*This is not investment advice.

Source