There are taxes on almost every item in Turkey, and according to new news, tax preparations for crypto assets have started.
News in Investing According to the 2024 Presidential Annual Program There were articles regarding the introduction of taxation on digital assets and the regulation of crypto asset custodians. Within the scope of the Annual Program, it was emphasized that the main goal was to create a strong financial sector, and the importance of digital finance as well as traditional was emphasized. In the program, digital assets It was stated that the work on its definition and taxation in the Turkish legal system will be completed. It was also stated that the tax system will be developed in a way that will contribute to the development of the digital economy and that informality in digital activities will be understood. It was stated that in the 2024 program, regulations will also be made for crypto asset service providers. Meanwhile Digital Turkish Lira studies will be developed and put into use in 2024. It was stated that studies will be carried out towards its dissemination. The annual plan also mentioned the new steps to be taken to strengthen the fintech and digital finance infrastructure and to adapt to this field with the developing world.
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At the top of the cryptocurrency world bitcoin, Recently, it surpassed 34 thousand dollars after a long time. As stated here The value of bitcoin has increased due to speculation that the US Securities and Exchange Commission (SEC) will approve a bitcoin spot ETF (exchange-traded fund).
Analysts see the launch of a spot ETF in bitcoin as an important step towards greater distribution and acceptance of the digital currency. Increasing for six consecutive days The currency rose to its highest level in the last 1.5 yearsis not on the agenda as much as it used to be, but it still continues to attract attention.
All-time high in November 2021 Bitcoin, which is reminded to be at 68 thousand 990 dollarshas lost approximately 50 percent of its value since the said date.