🦃 Turkey's getting its ducks in a row, proposing a 0.03% transaction tax on crypto trading. Aiming to tackle budget deficits and regulate financial transactions, this could bring in a whopping 3.7 billion liras a year! 💰

This is the most significant tax change in Turkey in the past 20 years. Despite earlier denials of taxing crypto, they're now saying, "leave no area untaxed". Talk about a U-turn! 🔄

President Erdogan's party is expected to pass the legislation, despite previous opposition. This marks a major shift in Turkey's financial policy, aiming to address economic challenges and improve the tax system. 📈

What do you think about this move? Will other countries follow suit? Let's chat in the comments! #DeFi #Web3 #CryptoTax