digital lira

Turkey’s CBDC phase 2 underway; AI’s economic impact examined
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11 September, 2025

Turkey’s CBDC phase 2 underway; AI’s economic impact examined

Turkey launched phase 2 of its CBDC pilot last year and now seeks banks and payment institutions to explore new...
Turkey’s two-tier CBDC to support programmable payments
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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 CBDC trials focus on interoperability
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12 January, 2024

Turkey CBDC trials focus on interoperability

After the success of the first pilot test, the Central Bank of Turkey enters the phase 2 of digital lira...
Turkey to set up digital currency framework by 2024
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4 November, 2023

Turkey to set up digital currency framework by 2024

Under the proposed framework, the Turkish government will offer modern definitions for VASPs to include exchanges and brokers and hinted...
Turkey completes phase 1 of digital lira pilot, pledges to push ahead in 2023
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4 January, 2023

Turkey completes phase 1 of digital lira pilot, pledges to push ahead in 2023

The Turkish central bank announced that it had conducted the first successful transactions on the digital lira and said it...
Turkey’s central bank set to launch state-backed digital currency in 2023
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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...
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