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Turkey Proposes Crypto Taxation Framework Targeting Transactions and Capital Gains

Turkey Proposes Crypto Taxation Framework Targeting Transactions and Capital Gains

Author:

Global Cryptocurrency

Published:

2026-03-03 11:36:02

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BTCCSquare news:

Turkey's ruling AK Party has submitted legislation to tax cryptocurrency transactions and capital gains, marking a significant shift in the country's approach to digital assets. The bill introduces a 0.03% transaction tax on crypto platform activity while exempting these transactions from VAT.

The proposed framework treats crypto-derived income as capital gains, requiring monthly tax payments from service providers. This move comes as Turkey seeks to regulate its rapidly growing crypto market while maintaining its position as a regional hub for digital asset adoption.

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