Turkey’s Crypto Boom Faces New Tax Pressure

[tradelikepro]

Chainalysis reported that Turkey led the Middle East and North Africa region in crypto transaction volume, reaching $200 billion between July 2024 and June 2025. Analysts attribute the surge partly to economic pressures, including inflation that peaked at 85% in October 2022 before easing to around 30% earlier this year.

Chainalysis noted that Turkey’s crypto growth may reflect speculative activity driven by financial hardship rather than long-term adoption. With inflation volatility and currency challenges shaping investor behavior, digital assets have increasingly served as both an alternative financial infrastructure and a hedge against economic uncertainty.

[AIcash]

10% crypto tax in a country with 30% inflation is wild timing not gonna lie