Türkiye has proposed a new crypto taxation framework introducing a 10 percent withholding tax on profits from digital asset transactions and a 0.03 percent levy on crypto service providers. The measure reflects growing regulatory oversight as the country emerges as one of the world’s largest cryptocurrency markets.

Türkiye is preparing to introduce a new taxation framework targeting cryptocurrency transactions and service providers, marking a significant step in the country’s evolving digital asset regulation. A draft law submitted to parliament by the ruling Justice and Development Party (AK Party) proposes a 10 percentage withholding tax on profits generated from…