New Steps for TROY, Digital Turkish Lira, and Investor Risk Center in the New OVP

The New Medium-Term Program plans to expand the domestic card scheme TROY, complete the infrastructure for the Digital Turkish Lira, and establish an Investor Risk Center to detect systemic risks early.

New Steps for TROY, Digital Turkish Lira, and Investor Risk Center in the New OVP

Investor Risk Center The Investor Risk Center will be established under the OVP for the 2027-2029 period.
It will monitor the risks of investors and investment institutions holistically and develop early warning systems.
Expanding TROY New regulations and operational improvements will be introduced to increase the usage of the domestic card scheme TROY.
The goal is to encourage the preference for local payment solutions in card transactions.
Digital Turkish Lira The economic, legal, and security aspects of the Digital Turkish Lira will be addressed, and the necessary infrastructure work will be completed to launch and promote it.
This will position the digital currency as a secure alternative in payment systems.
Promoting FinTech The OVP will develop regulatory infrastructure to scale, enhance the effectiveness, and strengthen the security of the fintech ecosystem.
These efforts will accelerate the digitalization of financial services.
Cybersecurity and Payment Ecosystem Cybersecurity resilience for payment and electronic money institutions will be increased.
Procedures and principles for issuing and monitoring crypto assets as capital market instruments will also be established.
Regulatory Framework and Market Deepening The OVP will review the regulatory framework to boost the efficiency of capital markets.
Settlement times in the money market will be shortened, market classification criteria updated, and liquidity and volatility characteristics more effectively reflected.
Independent Auditing and Rating Sector effectiveness will be improved in line with international practices.
These steps will strengthen Turkey’s financial infrastructure while supporting the adoption of local solutions and digital currency.

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