Minister of Treasury and Finance, Mehmet Şimşek, made a groundbreaking announcement today regarding the government’s intention to incorporate cryptocurrencies into the tax system in the coming months. Although the existing legislation fails to acknowledge the existence of cryptocurrencies, the forthcoming legislative package will specifically encompass these digital assets. This development signifies a substantial change in the government’s stance on cryptocurrencies, as it strives to introduce enhanced regulations and supervision to the swiftly expanding market.
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