{"id":69139,"date":"2022-10-26T15:34:30","date_gmt":"2022-10-26T12:34:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=69139"},"modified":"2025-09-07T18:12:08","modified_gmt":"2025-09-07T15:12:08","slug":"turkish-central-bank-to-consider-launch-of-cbdc-in-2023","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/turkish-central-bank-to-consider-launch-of-cbdc-in-2023\/","title":{"rendered":"Turkish central bank to consider launch of CBDC in 2023"},"content":{"rendered":"<p>Turkey&#8217;s presidential program for 2023 includes a plan to prepare for the launch of the digital lira. <a href=\\\"https:\/\/www.coindesk.com\/policy\/2022\/10\/25\/central-bank-of-turkey-plans-to-launch-a-cbdc-in-2023\/\\\">CoinDesk<\/a> reports, citing the Government Strategy and Budget Office.<\/p>\n<p>\\n\\n<\/p>\n<p>The project has been assigned to the central bank, the Ministry of Finance, and the Scientific and Technical Research Institute.<\/p>\n<p>\\n\\n<\/p>\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-central-bank-digital-currency-cbdc\">CBDC<\/a> will be integrated with the regulator&#8217;s digital identification and FAST payment system.<\/p>\n<p>\\n\\n<\/p>\n<p>The Central Bank of Turkey will conduct research and development, as well as testing, in cooperation with other banks.<\/p>\n<p>\\n\\n<\/p>\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-central-bank-digital-currency-cbdc\">CBDC<\/a> will be blockchain-based.<\/p>\n<p>\\n\\n<\/p>\n<p>In December 2020, the then-head of the Turkish central bank, Naci A\u011fbal<a href=\"https:\/\/u1f987.com\/en\/news\/turkey-to-begin-testing-of-digital-currency-in-2021\">announced<\/a> testing of the digital lira in the second half of 2021.<\/p>\n<p>\\n\\n<\/p>\n<p>In September 2021, President Recep Tayyip Erdo\u011fan<a href=\"https:\/\/u1f987.com\/en\/news\/erdogan-says-turkey-is-waging-a-separate-war-against-cryptocurrencies\">stated<\/a> that authorities are waging a separate fight against digital assets.<\/p>\n<p>\\n\\n<\/p>\n<p>In May 2022, Bloomberg<a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-warns-of-tighter-crypto-regulation-in-turkey\">reported<\/a> on legislation under development in Turkey that would tighten oversight of the industry with a likely introduction of a tax on some transactions.<\/p>\n<p>\\n\\n<\/p>\n<p>Against the backdrop of the lira&#8217;s devaluation, there is a <a href=\"https:\/\/u1f987.com\/en\/news\/media-note-on-rise-of-bitcoin-and-tether-in-turkey-as-the-lira-falls\">rise in the popularity of cryptocurrencies<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\\\u201d\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, rates and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Turkey&#8217;s presidential program for 2023 includes a plan to prepare for the launch of the digital lira. CoinDesk reports, citing the Government Strategy and Budget Office.<\/p>\n","protected":false},"author":1,"featured_media":69140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,920],"class_list":["post-69139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-turkey"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/69139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=69139"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/69139\/revisions"}],"predecessor-version":[{"id":69141,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/69139\/revisions\/69141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/69140"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=69139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=69139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=69139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}