The Turkish government plans to tax cryptocurrencies and conduct regulatory work on cryptocurrency exchanges next year, as part of the 2024 President's Annual Program. This move is aimed at defining cryptocurrencies in the Turkish legal system and persuading the international crime watchdog, FATF, to remove Turkey from its 'grey list' of countries with insufficient anti-money laundering and terrorist financing measures. The Finance Minister, Mehmet Şimşek, stated that Turkey is in the final stages of introducing crypto legislation, which could lead to its removal from the FATF grey list.
Turkey is in the final stages of introducing crypto legislation, a development that could lead to its removal from the FATF grey list, says Finance Minister Mehmet Şimşek https://t.co/BFhGnUZvPB
Turkey is preparing new legislation covering crypto-assets to persuade an international crime watchdog to remove it from a "grey list" of countries that have taken insufficient action to prevent money laundering and terrorist financing. The only remaining issue within the scope… https://t.co/h1H03Vo3JO
Turkey to propose fresh crypto asset legislation in line with FATF standards: report https://t.co/zYThORsH3w
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📣 Latest News: Turkish Government Unveils Plan To Tax and Regulate Digital Assets Next Year #news #cryptonews #crypto #taxes #regulations
Turkey sets its sights on implementing cryptocurrency taxation and other regulatory measures as part of its 2024 Presidential Annual Program https://t.co/4xiZidAxGE
According to webtekno, the Turkish government plans to tax cryptocurrencies next year and will complete research to define these assets in the Turkish legal system; it will also conduct regulatory work on cryptocurrency exchanges. The above is shown in the 2024 President's Annual… https://t.co/zOMAAppqUH