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  • 16-09-21

    Turkish Central Bank, technology stakeholders set Digital Turkish Lira Collaboration Platform

    (MENAFN)For the research, development and testing processes of potential digital Turkish lira, the Turkish Central Bank inked a deal with defense and technology firms Aselsan and Havelsan, and the Scientific and Technological Research Council of Turkey (TUBITAK).

    It "continues to research the potential benefits of introducing a digital Turkish lira to complement the existing payments infrastructure," stated the Central Bank of the Republic of Turkey (CBRT).

    It further declared that as part of the memorandum of understanding, Digital Turkish Lira Collaboration Platform was set.

    It also stated that "In the light of the findings of the first phase, which involves preliminary testing of strategic and critical technologies related to the project, the plan is to expand the platform with the involvement of new participants."  

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