Digital Lira testing in 2021 to Bitcoin is ‘best investment ever’

1) Turkish central bank digital currency will be practically tested in 2021.

Nitika Sharma
Dec 27, 2020

Naci Agbal, Governor at Central Bank of Rep of Turkey announced that “conceptual” research had been completed on Digital Lira. He said

There is an R&D project initiated on digital money. Currently, the conceptual phase of this project has been completed. We aim to start pilot tests in the second half of 2021.

Turkey has been researching on CBDC since 2019 and in November of 2019 Turkish president Recep Erdoğan had announced that tests for a digital Lira will be done by end of 2020. Therefore, they are already running a bit late as planned.

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Nitika Sharma
Nitika Sharma

Written by Nitika Sharma

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