In Turkey, cryptocurrency taxation has become a significant topic as the digital asset market evolves. By 2025, the country has implemented new rules and rates aimed at investor protection and alignment with international standards.
New Tax Rates for Crypto Assets in Turkey
From 2025, cryptocurrencies in Turkey will be classified as financial assets with tax obligations. Profits from trading will be taxed as capital gains at rates ranging from 15% to 40% for individuals, depending on annual income. The corporate tax has been reduced from 23% to 20%. It is important to note that trades between cryptocurrencies will also be taxable.
Regulatory Changes and Licensing
In March 2025, new guidelines were released for crypto asset service providers, which include licensing, governance, and capital reserve requirements. All crypto service providers must hold at least 150 million TL in capital to operate. Failure to comply may lead to revocation of licenses.
Combatting Fraud and International Standards
In terms of combatting money laundering, mandatory identity verification is required for transactions over 15,000₺. This is linked to new regulations that require all crypto service providers to comply with AML/KYC principles. The country is also adopting measures to align with international standards, improving its international reputation.
The Turkish cryptocurrency market in 2025 faces new rules and requirements that significantly change the approach to business. Understanding and complying with these new norms will be foundational for successful participation in the cryptocurrency economy.