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Cryptocurrency tax has finally arrived. The AK Party's proposal has been submitted to the Grand National Assembly of Turkey (TBMM), proposing a tax of 0.3% on buying, selling, and transfers.
Honestly, the rate seems low, but the real issue is opening the door. Today, 0.3% might seem small, but tomorrow it could be 3% in this country, as you know. Japan is heading in the opposite direction, reducing the tax from 55% to 20%. Trump announced zero tax. Meanwhile, we are adding new taxes, the exact opposite.
The market volume is already low, and now a tax will be added on top of that. May we be blessed with a good outcome.