🇹🇷 Istanbul

Turkey has a clear legal framework for cryptocurrency under Law No. 7518 on Crypto Assets (2024), providing regulated status for crypto activities.

Overview

StatusLegal
Risk Score30/100 (Moderate Risk)
Regioneurope
CurrencyTRY

Tax

Capital Gains (Personal)30% capital gains tax
Capital Gains (Corporate)22% corporate tax on crypto gains
VAT on CryptoNo
Staking TaxTaxed as income
Airdrop TaxTaxed as income

Turkey taxes personal capital gains from crypto at 30%, corporate gains at 22%, and treats staking, mining, and airdrops as taxable income. VAT does not apply to crypto transactions.

Licensing

RequiredYes
RegulatorCMB / BDDK / MASAK
FrameworkLaw No. 7518 on Crypto Assets (2024)
Easemedium
CostN/A

Licensing under Law No. 7518 requires compliance with AML and operational standards; process is moderately complex.

DeFi

Status: regulated

DeFi activities are regulated under the same framework as other crypto assets, requiring compliance with AML and licensing rules.

Stablecoins

Status: specific_framework

Stablecoins are regulated under Law No. 7518 with specific provisions for issuance and custody.

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity$0.15/kWh
Renewable30%
Infrastructuregood

Mining is legal with moderate electricity costs and good infrastructure, benefiting from 30% renewable energy share.

Geopolitics

Stabilitymoderate
SanctionsNo
Corruption Index40/100
Banking Accessmoderate

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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