Turkey Plans to Regulate Cryptocurrency Assets and Exchanges in 2024!
The post Turkey Plans to Regulate Cryptocurrency Assets and Exchanges in 2024! appeared first on Coinpedia Fintech News
The Turkish government has announced plans to regulate cryptocurrency assets and exchanges in 2024, according to the “Decision on Approving the 2024 Presidency Annual Program” published in the Official Gazette. Cryptocurrency assets will be defined and taxation will be implemented on gains made from trading these assets. This is a significant development as the government had previously discussed regulating cryptocurrency assets but had not taken any concrete steps. Many investors and traders will be waiting for further details on the regulations as they come out next year.
