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Crypto Regulations in Turkey
Turkey might very well be described as a sanctuary for those trading in cryptocurrency, though this status may not last much longer. The Turkish government has proclaimed that starting in 2024, individuals engaging in virtual asset transactions will be subject to taxation, though this is not the first instance such intentions have been voiced. 
The Spanish government has announced its intention to adopt the European Union's comprehensive crypto framework (MiCA) at the national level, moving up the implementation timeline by six months. This expedited schedule is driven by the need to establish legal clarity and enhance investor protection in the cryptocurrency sector, as stated by the country’s officials. 
