Turkey Is Finalizing National Digital Currency

Turkey’s central bank is reportedly testing protocols to finalize its proposed national digital currency.

According to the Asia Times and BTCmanager, Turkey’s central bank is set to finish final testing on a digital Lira by 2020. These testing protocols will also reportedly include instant payment gateways that will utilize the digital currency.

The Turkish government plans to stabilize the economy, and earlier this year, President Erdogan's administration included the digital Lira in its four-year economic recovery plan.

In a document released Turkey’s official national publication states:

“The main objective is to establish a financial sector with a strong institutional structure that can respond to the financing needs of the real sector at a low cost, offer different financial instruments to a wide investor base through reliable institutions and support Istanbul’s goal of becoming an attractive global financial center.”

This article is not intended to be financial advice. As always, do your due diligence before investing, and never invest more than you can afford to lose.

0 views0 comments

Recent Posts

See All
  • Facebook
  • LinkedIn - Grey Circle
  • Instagram
  • YouTube

© CryptoBlock 2017 
A Certified Crypto-Asset Professionals LLC Subsidiary


The CRYPTO BLOCK sites are not intended to provide legal, tax, investment or insurance advice. 

Rewards are never guaranteed. Any charts or simulations are for informational purposes only and do not constitute predictions about future rewards.  

Rewards from CRYPTO BLOCK directly, require compliance with CRYPTO BLOCK Know-Your-Customer policies. 

CRYPTO BLOCK facilitates trades as independent contractors. 


The CRYPTO BLOCK sites are protected by applicable copyright laws. Accordingly, you may not copy, distribute, modify, post or frame-in the CRYPTO BLOCK sites, including any text, graphics, video, audio, software code, user interface design or logos.