Digital Turkish Lira in the CBRT Annual Report: Statement by Chairman Şahap Kavcıoğlu

Şahap Kavcıoğlu, President of the Central Bank of the Republic of Turkey (CBRT), made statements about the Digital Turkish Lira.

Şahap Kavcıoğlu was held at the Central Bank’s Headquarters. 91. Accounting Period Ordinary In the statements he made at the opening of the General Assembly Meeting, he announced that they were expanding the Digital Turkish Lira Cooperation Platform. In addition, Digital Turkish Lira and cryptocurrencies were included in the 2022 annual report.

In 2022, we took important steps in the field of financial innovation and created the Digital Turkish Lira Cooperation Platform with the agreement we signed with the relevant institutions under the leadership of our Bank. In addition, we started to work on expanding the Digital Turkish Lira Cooperation Platform in 2023 with the participation of selected banks and financial technology companies.

On the other hand, Kavcıoğlu, launched in 2021, Application of Instant and Continuous Transfer of Funds (FAST) layer service to increase security SIPER service announced its launch.

In this context, we supported our payments infrastructure with innovative business models. In order to increase the security of FAST, our Instant and Continuous Transfer of Funds Application, which we put into practice in 2021, we developed and launched the SİPER service, an important layer service. We continued our regulation, infrastructure and promotion activities in order to popularize the use of TR data matrix, which is another important application in the field of payments.

In addition, within the scope of the Digital Turkish Lira strategy, Kavcıoğlu FAST with Digital Turkish Lira pointed to the integration of these processes and to take place anytime, anywhere in a trouble-free, fast and reliable environment. that it will contribute.

In addition, by making open banking services available, we have allowed our banks to provide services through the GEGIT infrastructure. As a result, we provided technological support to our Liraization Strategy with our innovative applications that contribute to the realization of payment and money transfer transactions in a smooth, fast and reliable environment anytime, anywhere.

source site-9