Turkey to Pilot Digital Currency Next Year - 0 views
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John Kiff on 26 Dec 20Central Bank of the Republic of Turkey Governor Naci Ağbal reportedly told members of parliament on Friday that the country plans to pilot a central bank digital currency (CBDC) in the second half of 2021. In 2019 the Bank announced that it was starting up a CBDC research and development program, and it reportedly established the Directorate-General Financial Innovation in November 2020 to carry it out. Ağbal said that the conceptual phase of this project has been completed.