CBDC world status 2022
Retail and world adoption

Turkey’s Digital Lira CBDC carries out first payment transaction

Turkey’s central bank has reported carrying out the first payment transaction on their Digital Lira network, their CBDC in pilot phase. In the subsequent stages, the network looks forward to the participation of banks and fintech firms for closed-circuit testing. A press release from the organization said: “Against this backdrop, the CBRT will continue to…

Turkey is all set to regulate cryptocurrencies

Turkey is all set to present its draft bill to regulate crypto in the nation as soon as October. Situated at the junction where Asia and Europe meet, netizens in Turkey have taken crypto as a protection against inflation. The new bill may make it very much expensive for firms to enter the crypto world…