Business

Turkey’s Central Bank Completes First CBDC Test With More Coming in 2023 According to Cointelegraph




The Central Bank of the Republic of Turkey (CBRT) has completed the first test of its central bank digital currency (CBDC), the Turkish Digital Lira, and has signaled its plans to continue testing. experience throughout 2023.

According to one statement Announced by the CBRT on December 29, the central banking authority said it had successfully executed the “first payment transactions” using the digital lira.