Turkey introduces 10% tax on cryptocurrency revenues as it prepares for sweeping regulatory reform
Turkey is preparing for significant changes in the regulation of digital assets by proposing a 10% tax on cryptocurrency transactions. The move is aimed at creating a transparent and controlled environment for investors, as well as strengthening financial oversight in the fast-growing digital currency sector.The initiative of the Turkish authorities is driven by the need to integrate the cryptocurrency market into the national tax system. According to the Ministry of Finance, in 2025, the trading volume of digital assets in Turkey exceeded 200 billion dollars, and the number of active users reached 8 million people. The introduction of the tax will allow the state to generate additional revenue and protect investors from fraud and market instability.According to the draft law, the tax will be levied on net profits derived from transactions with cryptocurrencies, including bitcoin, ether and other popular tokens. The new rules are expected to come into force in the second half of 2026 after approval by Parliament.Representatives of the cryptocurrency industry note that the introduction of the tax helps legalize the market and attract institutional investors. Experts emphasize that harmonization of regulation with international standards will increase confidence in Turkey's financial system and strengthen its position in the global economy.The authorities emphasize that the tax reforms will be accompanied by data protection and anti-money laundering measures, which is especially important given the growing popularity of digital assets among the population.
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