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Turkey is thinking of its own cryptocurrency

The government of Turkey is considering investing in the blockchain and, within these uses, also the possibility of being able to create one digital currency based on this technology.

Although there is certainly nothing in this regard, the intention to evaluate these breakdowns within the 11th National Development Plan, already published on the official government website, covering the period between 2019 and 2023 seems to be clear The broad national plan is affecting a wide range of economic topics (and not only), stating in its tight lines that it might be convenient to implement a moneta digitale on blockchain, by the central bank.

The document also indicates that the legal and technological infrastructure to be able to carry out this project will be directly promoted by the government in an attempt to use the blockchain for transport and customs purposes. The blockchain was then widely cited as a component of the new national strategy, which will also boast further efforts to exploit artificial intelligence and the Internet of Things.

Returning to the possible national cryptocurrency of Turkeyfew other details are known and nothing is yet certain whether or not this plan will actually be implemented. On the other hand, in Turkey there is talk of a national digital asset, renamed "Turkcoins", At least since the beginning of 2018. At the time the idea had been proposed by legislator Ahmet Kenan Tanrikulu, the vice president of the Turkish Nationalist Movement Party and former minister of industry in the country.

However, this time things could be far more concrete than in the past. The news comes in fact a very short distance from the confirmation of the "dismissal" by the Turkish president, Recep Tayyip Erdogan, the governor of the central bank, Murat Cetinkaya ...

Roberto Rais

A great fan of cryptocurrencies, a writer for a long time for our editorial staff, particularly attentive to blockchains and cryptocurrency quotes.

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Roberto Rais
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