A ban has been imposed on the sale of cut gold, which has seen increased sales in recent times. The ban decision, which came into effect after being published in the Official Gazette, was made taking into consideration complaints from citizens and industry representatives. Cut gold will only be provided to individuals engaged in precious metal production or trade with jewelry businesses and specified in their tax identification. The Presidential Decree on the matter was published in the Official Gazette. Minister Şimşek Signaled Extra measures to prevent tax evasion in the precious metal market, announced to be taken by Treasury and Finance Minister Mehmet Şimşek, were made with the ban on cut gold. In this context, an additional regulation was made in order to prevent tax evasion in the precious metal market, announced by Treasury and Finance Minister Mehmet Şimşek. Actual people who are involved in precious metal production or trade with jewelry businesses specified in the tax identification will be able to get the cut gold. Current market conditions and demands were evaluated to make various changes to the regulation on the Protection of the Value of Turkish Currency. It was carried out after a rise in transactions involving products described as drawn gold or cut gold, which are created by cutting or processing a thin strip of gold into various shapes after obtaining information from the Ministry of Treasury and Finance. There is no standard for cut gold, and concerns regarding the sale of cut gold to individuals who buy it for investment purposes were taken into account during the implementation, as well as complaints from citizens and industry representatives. Therefore, only authorized jewelry businesses by the Ministry of Commerce and real persons residing in Turkey stated to be involved in precious metal production or trade in their tax identification will be able to sell drawn precious metals to individuals other than them. The maximum limit that can be freely taken abroad has been raised to 185,000 liras by considering the limit of 25,000 liras for effective export abroad, which is stated in the legislation for the identification of persons for the prevention of money laundering and terrorism financing. The increase in the foreign currency exchange rate and the amount set for identity verification in the legislation for preventing the laundering of criminal proceeds and the financing of terrorism were taken into consideration. Furthermore, the possibility of providing foreign exchange as collateral by group companies of individuals/taxpayers who directly own shares in group companies or shares who borrowed foreign exchange/precious metal loans domestically was provided.