Turkish central bank studies benefits of digital currency | Money Talks
06:06
Turkish central bank studies benefits of digital currency | Money Talks
The Turkish central bank is teaming-up with researchers to study the potential benefits of a shift toward electronic money. This new payment will be a version of the Turkish lira that's only available digitally. That means there'll be no need to print banknotes or mint coins. As cryptocurrencies become more popular, the world's central banks have realised they need to provide an alternative.. And Turkey joins a growing number of countries that are exploring digital currencies. Paolo Montecillo reports. We got more on this now with Turan Sert in Istanbul. He's a researcher and adviser at Blockchain IST. He's also a member of the advisory board at the crypto currency exchange, Paribu. #TurkishCentralBank #DigitalCurrency #Lira #CryptoCurrency
September 17, 2021
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