Digital Gold System Launches for Under-Mattress Gold

The Turkish Ministry of Treasury and Finance has issued a communiqué allowing precious metals such as gold and silver, whose physical equivalents are stored at the Darphane (Mint) or Borsa Istanbul, to be traded as digital assets using blockchain infrastructure. This regulation is seen as a significant step toward integrating under-mattress gold into the economy and bringing it under official records. The new system will create digital representations of physical gold and silver, enabling these digital assets to be securely traded on the blockchain. The regulation aims to increase market transparency and strengthen digital transaction infrastructure. It is also expected to enhance liquidity by making it easier for investors to access precious metals. This development could accelerate digital transformation in Turkey's precious metals market. Blockchain technology will enable faster and lower-cost transactions. It also offers advantages such as reduced physical gold storage costs and elimination of counterfeiting risks. The regulation is expected to be particularly attractive for small investors. Moving under-mattress gold into the digital realm could help individual investors diversify their portfolios and reduce the state's dependence on gold imports. Details and operational aspects of the implementation will be clarified in the coming days. This is not investment advice.