Turkey Plans a New Bill to Tighten Rules on Crypto

Turks might have to pay taxes when purchasing crypto, while exchanges could operate only if they have at least $6.1 million in capital.The Turkish authorities are reportedly working on a draft bill to set up additional control over the local digital asset market. The legislation focuses on crypto exchanges, too, as they should have a minimum of 100 million liras ($6.1 million) in capital to operate on domestic soil.