The Digital Lira

The prospect of a central bank digital currency was made public in late 2020 with an expectation of pilot work in 2021.

Turkey has been tackling the rise of cryptocurrency adoption and banned bitcoin and many others in April 2021. 

Turkey has a large GDP exceeding 850 billion dollars making it within the top 20.

Turkey does have a university with a dedicated blockchain interest. 

“There is an R&D project started on digital money. At the moment, the conceptual phase of this project has been completed. We aim to start pilot tests in the second half of 2021.” Bank of Turkey 


By cryptorocks_editor