Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central financial institution digital forex (CBDC) by 2029. The Philippine central financial institution’s CBDC initiative is close to its proof-of-concept completion. “That is an revolutionary fee instrument,” stated the BSP deputy governor. “That is a wholly new factor, and we’ve got to guarantee that we are able to supply […]
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Philippines Plans to Introduce Wholesale CBDC by 2029
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