John Winchcombe
Editor
Friday, February 28, 2025
Categories
CBDC
Update on Turkish Lira CBDC Work
The Central Bank of the Republic of Türkiye (CBRT) published its phase 1 evaluation report of its CBDC project in December 2023 having completed proof of concept studies and a pilot phase run as an R&D project. In the pilot, first payment transactions on the Digital Turkish Lira System were executed successfully. This report shared design choices and approaches adopted in this stage of the project.
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