Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion. “This is an innovative payment instrument,” said the BSP deputy governor. “This is an entirely new thing, and we have to make sure that we can offer […]
Source: https://news.bitcoin.com/philippines-plans-to-introduce-wholesale-cbdc-by-2029/
Philippines Plans to Introduce Wholesale CBDC by 2029
