**Turkey Won't Tax Crypto and Stock Gains to Encourage Investment**

Turkey's Finance Minister, Mehmet Simsek, announced that there will be no taxes on profits from stocks and cryptocurrencies. This decision aims to increase investment and market growth by reducing the tax burden.

There is talk about a small transaction tax on these assets, but details are not clear yet. Simsek stressed the importance of a balanced tax system to keep the market healthy. Mehmet Gerz from Ata Portfoy warned that even a small tax might cause problems and discourage trading.

Turkey is finalizing rules for cryptocurrencies to improve security and meet international standards. The new rules will include licensing for crypto platforms, managed by the Capital Markets Board (CMB), and set requirements for safer trading.

Industry reactions have been cautiously positive. Mucahit Donmez from Binance Turkey thinks the regulations will protect users and provide clear guidelines. Turkey aims to become a digital finance hub by attracting investors and businesses with clear rules and tax exemptions, boosting economic strength and technological progress.