Can I trade bitcoin with Turkey? Coinbase is available to Turkish residents. However, Turkish users cannot use Coinbase as a fiat on- or off-ramp, i.e. there is no way to buy or sell cryptocurrencies on Turkish Coinbase. Users can only convert between different assets and use their Coinbase account as a wallet.
Does Turkey tax cryptocurrency? Turkey is crafting legislation that would establish greater control over the cryptocurrency market and possibly impose a tax on some transactions involving digital assets, according to two officials.
Is Bitcoin forbidden in Turkey? Turkey’s central bank banned the use of cryptocurrencies and crypto assets to purchase goods and services, citing “irrepairable” possible damages and significant risks in such transactions.
Is ethereum illegal in Turkey? Especially Ethereum is planned to be used in energy sector. According to the Turkish banking regulations, there is no any positive Article or prohibition on crypto currencies. In addition, there is no regulation about this issue in Turkish Criminal Law as well.