The Turkish government has announced plans to introduce a new tax law aimed at regulating the country's growing cryptocurrency market.
According to forecasts, the draft law is expected to generate a minimum of 4.2 billion lira in revenue from a transaction tax on cryptocurrency assets.
The proposed legislation includes a 0.03% transaction tax on crypto assets and a 10% withholding tax on profits from cryptocurrency transactions conducted through approved platforms.
A separate report provides an analysis of the jewelry industry in Turkey, including market size, growth trends, and competitive landscape.