Turkey is planning to implement regulations and taxes on cryptocurrency assets starting in 2024. The government's intentions were outlined in the 2024 Presidential Annual Program, which aims to establish a clear legal framework for digital assets in Turkey. The move comes as the country has seen an increase in crypto investors seeking protection against inflation. The Turkish law previously restricted the use of cryptocurrencies, but the government has faced pressure from grassroots movements to change this. The program also mentions plans to introduce new regulatory standards for crypto exchange platforms, but the details are unclear. This move is seen as a positive step towards creating a more transparent and secure environment for digital asset investors in Turkey.
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