Taxes Are Coming to Cryptocurrency Transactions and Regulation is Coming to Stock Exchanges

The 2024 Presidential Annual Program put crypto assets and stock markets back on the agenda. The issue has been addressed in recent years, but no concrete steps have been taken. In 2024, regulations such as taxes may come.

It is among the most discussed investment instruments of recent years. crypto assetswas the number one agenda item of the government in recent years. Regarding the issue, a law was worked on to regulate crypto assets and stock exchanges, especially taxation. However, later on No concrete steps were taken.

Now, many of us forgot There has been a new development on the subject. Published in the repeated issue of the Official Gazette “Decision on the Approval of the 2024 Presidential Annual Program (Decision Number: 7739)“, brought this issue to the agenda again. The government has increased the regulations on crypto assets. plans to complete it within the next year.

Crypto assets will be defined and taxed!

Here We reached via the link 2024 Presidential Annual Program When we look at the file, we see that a few points are mentioned regarding crypto assets. For example; “Policy and MeasuresIn the “Activities and Projects to be Carried out” column of article 400.5 of the table titled “, the following explanation is made regarding crypto assets:

For the taxation of digital virtual assets, studies will be completed to define these assets in the Turkish legal system.

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From here, we can see that crypto assets will finally be precisely defined and those who deal with crypto asset trading will be able to benefit from the profits they make from it. they will be taxed We see.

Regulation is also coming to crypto asset exchanges:

regulation of cryptocurrency exchanges

In the 2024 Presidential Annual Program file, crypto assets related to stock exchanges There is also an important issue. In the article coded 383.1 of the table we just mentioned, there is a new regulation for stock exchanges. without editing is mentioned. Regarding this, the following statements are made:

Regulatory work will be carried out for crypto asset service providers.

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Crypto asset investors can be protected with the regulations to be made!

It is not yet clear what regulations the government will make regarding crypto assets. However, in the industry Steps to protect investors This is a very important point to make. The fact that there is no regulation in the markets means that the community is a huge into the manipulation pool caused him to return. He also gives advice on crypto asset investments. We also know what happened due to bankrupt stock markets through events such as THODEX. A strict but protective regulation, It will benefit investors the most.


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