đ Breaking News from Turkey! đ
Turkey has decided to hit the brakes on a new tax package that would have levied profits from stocks and crypto! đ Vice President Cevdet Yilmaz confirmed that taxing stocks is off the agenda, focusing instead on narrowing tax exemptions.
In June, the government hit pause on taxing stocks due to market declines. Finance Minister Mehmet Simsek said theyâre re-evaluating based on feedback. đ Meanwhile, countries like the U.K. and Japan are also pondering crypto taxes.
What do you think? Is this a win for DeFi and Web 3? Drop your thoughts below! đ #CryptoNews #DeFi #Web3