Turkey is not the first to consider and plan the development of its own cryptocurrency. Similar efforts taking place in many countries around the world.
Ahmet Kenan Tanrikulu, Turkey’s former industry minister and deputy in the Nationalist Movement Party has reportedly drafted a report calling for the creation and launch of a controlled cryptocurrency which may be named; Turkcoin.
Venezuela is considering an oil-backed cryptocurrency as announced by Venezuelan president Nicolas Maduro earlier this week.
THIS IS AN UNCONFIRMED REPORT