According to Odaily, as part of its fiscal austerity measures, Turkey is contemplating imposing taxes on profits from stock and cryptocurrency investments. This news has led to a decline in stocks and the Lira. Officials from the country's AK Party revealed that Finance Minister Mehmet Simsek discussed these plans at a party meeting over the previous weekend. Insiders stated that Simsek emphasized the necessity of appropriately taxing all financial income during the meeting.