Turkiye’s ruling AK Party has proposed a 10% withholding tax on crypto asset gains as part of a new legislative package submitted to parliament. The tax will apply to revenues derived from platforms regulated under the Capital Markets Law, with collections occurring every three months. The proposal also introduces a 0.03% transaction levy on all crypto sales and transfers mediated by service providers.
Turkish Ruling Party Proposes 10% Withholding Tax on Crypto Transactions
2 March 2026 - 17:00 CET
By Sandmark staff
Investors operating outside regulated platforms must declare income in annual tax returns, though losses can only be offset against other crypto gains. This fiscal tightening comes as Turkey solidifies its position as a regional leader; Chainalysis data shows the country recorded $878bn in cumulative crypto inflows between 2021 and mid-2025.
For many Turkish citizens, digital assets have become a critical alternative financial infrastructure to escape domestic economic hardship. According to the state-run AA news agency, these measures are intended to bring the sector under the existing Capital Markets framework.
