RATE Group | Crypto News From Turkey: Nov. 2-Nov. 9
68122
post-template-default,single,single-post,postid-68122,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Crypto News From Turkey: Nov. 2-Nov. 9

10 Nov Crypto News From Turkey: Nov. 2-Nov. 9

Posted at 00:06h in Cryptocurrency News by

[ad_1]

In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Turkey, President Recep Tayyip Erdogan directed the government to finish testing a national central bank digital currency (CBDC) next year and a fraud saw up to 40 people losing 600 Bitcoins (BTC) — equivalent to roughly $5.2 million.

Digital lira to be internalized next year

The Presidential Program published by Turkey’s official national publication Resmi Gazete on Nov. 4 established that the government should complete the test phase of the nation’s CBDC by the end of 2020.

The government plans to develop a platform capable of instant payments employing the currency. Both the country’s central bank and the Scientific and Technological Research Council of Turkey work on developing the new system.

Fraudster rakes in 600 BTC

A scammer Aydin, Turkey, defrauded up to 40 people of roughly 600 Bitcoin (BTC), valued at over $5 million at press time. The victims — among them doctors and police…

[ad_2]

Source link

Tags:
, , , , ,