Statement from the head of the Central Bank! Will Turkey issue its digital currency? Along with the statement made by Şahap Kavcıoğlu, the head of the Central Bank of the Republic of Turkey, a digital currency statement was made. In this direction, it is curiously investigated whether digital money will be released or not. Central Bank Governor Şahap Kavcıoğlu gave the opening speech at the Organization of the Islamic Union (OIC) Central Banks Forum Meeting today. Accordingly, in Kavcıoğlu’s speech, attention was drawn to the importance of the use of national currencies between countries and digital currency studies. Here are the headlines from Şahap Kavcıoğlu’s statements..
DIGITAL MONEY EXPLANATION
“Encouraging the use of national currencies in international trade and working on the possibilities of using central bank digital currencies are two important issues to be considered in this regard.
We have a rich community of different economies under the OIC roof. We can turn this diversity between our countries into an opportunity by establishing closer cooperation within the OIC. Building a more integrated financial system between our countries will allow for more efficient capital allocation in line with the win-win principle.