Central Bank of the Philippines Completes Testing for Project Agila: Wholesale CBDC

The Bangko Sentral ng Pilipinas (BSP) has successfully concluded testing for Project Agila, a pioneering initiative aimed at enabling financial institutions (FIs) to conduct fund transfers seamlessly, even outside traditional business hours. This includes evenings, weekends, and holidays. The innovative project leverages open-source distributed ledger technology (DLT) through Oracle Cloud Infrastructure, setting the stage for […]
Project CBDCPh: Bangko Sentral ng Pilipinas (BSP) pursues pilot project of a wholesale CBDC

Philippines central bank to launch CBDC research effort
