Many countries accelerate their Central Bank Digital Currency (CBDC) efforts to harness the advantages of blockchain technology. Beyond the steps taken by trillion-dollar giants in asset tokenization, governments are moving fiat currencies onto blockchain. What is the current status within Turkey?
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Digital Turkish Lira
CBDC and Risks
Digital Turkish Lira
The Central Bank of the Republic of Turkey has completed the first phase of its CBDC project and shared the details. The Digital Lira, a significant step towards integration into the digital economy, will continue its second phase of work in 2025.