Turkey Plans Crypto Regulations by 2024

In 2022, Turkey was the second-highest globally in online searches related to crypto, as 5.5% of its population actively looked for crypto information. Turkey’s 2024 Presidential Program has revealed plans to introduce cryptocurrency regulations in the coming year. The focus is on defining crypto assets for tax purposes and legalizing crypto exchanges, although specific regulations are yet to be detailed. In September 2023, the former CEO of Thodex, a Turkish crypto exchange, received a lengthy prison sentence of 11,196 years. Turkey’s steps toward crypto regulation and the digital lira demonstrate a proactive approach to evolving financial landscapes while addressing past crypto challenges.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!

iOS: https://links.hashd.co/ios

Android: https://links.hashd.co/android