Philippines set to launch a wholesale CBDC within the next two years

Philippines set to launch a wholesale CBDC within the next two years

The Philippines is poised to launch a central bank digital currency (CBDC) within the next two years, following the lead of other regulators who have introduced such digital assets to counter the volatility of cryptocurrencies and offer an alternative means of payment and asset storage. Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has […]

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