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Central Bank of the Republic of Turkey

Turkey’s two-tier CBDC to support programmable payments
Business
Steve Kaaru
-
1 March, 2024

Turkey’s two-tier CBDC to support programmable payments

The digital lira will also focus on user privacy and only support one account per user, accessible through all intermediary...
Turkey’s central bank set to launch state-backed digital currency in 2023
Business
Wahid Pessarlay
-
31 October, 2022

Turkey’s central bank set to launch state-backed digital currency in 2023

Turkey is slated to roll out its digital lira in 2023 as part of its goal to reach the unbanked...
Turkey bans ‘risky and volatile’ digital currencies for payments
Business
Steve Kaaru
-
19 April, 2021

Turkey bans ‘risky and volatile’ digital currencies for payments

The central bank termed digital currencies as risky because “they are neither subject to any regulation and supervision mechanisms nor...

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