Turkey's New Crypto Regulations to Focus on Licensing and Taxation, Aim to Shed FATF Grey-List Status
Turkey is expected to introduce regulations to regulate the crypto market in 2024, with a focus on licensing and taxation. Turkey ranked fourth globally in raw crypto transaction volumes, reflecting Turks' desire to counteract currency devaluation and youths' interest in new technology. The government said work on regulation for crypto asset service providers and taxation of digital virtual assets will be on the agenda for 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity
Crypto Sniper Incurs $465K in Losses on $XZY Token within 1 Hour
Expert Says Holding Just 1,000 XRP Could Be the Best Financial Decision of Your Lifetime
Chinese Analyst Assesses Ethereum’s Status, Says “Whales Have Run Out of Purchasing Power” – Here’s What He Expects
Chinese cryptocurrency analyst phenomenon Murphy evaluated the latest status of Ethereum in his statement. Here are the details.
Trending news
MoreCrypto prices
More
