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 at a new tax regime for digital assets.
Latest digital lira News
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 would involve banks in phase 2.
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 40% of the population, but several analysts doubt the methods put in place will trigger adoption.
Turkish central bank announces surprise digital currency pilot for 2021
Turkey is set to begin trials of a new digital currency in 2021, after the country’s central bank announced it had been working on a digital lira.