Central banks may be storing cryptocurrencies

The claims that central banks in the world may be storing cryptocurrency have been coming up a lot lately. It is estimated that central banks that store cryptocurrencies in countries where the world’s largest citizens of cryptocurrencies live, keep them in their reserves in order to guarantee themselves and to use cryptocurrencies in case of possible situations. The fact that he did not officially disclose his reserves is among the topics that arouse curiosity in the press. While many people think that central banks only have foreign exchange and gold and local currency reserves, in fact, central banks are constantly developing their different reserves.

The CBRT has not made a statement

The CBRT has crypto money reserves. While it has not been disclosed to the press whether it is a digital currency or not, President Erdoğan and the AK Party administration’s use of electronic-digital money expressions and local currency trade statements support the idea that the CBRT may have crypto money reserves.

  • To date, the US National Reserve Bank (FED) has not disclosed whether cryptocurrencies are hosted or not.
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