Philippine CBDC: How digital money might work in the country
The Bangko Sentral ng Pilipinas (BSP) will complete its Philippine Central Bank Digital Currency (CBDC) pilot by the end of the year, according to financial news outlet Central Banking. On March 6, BSP Deputy Governor Mamerto Tangonan said the pilot CBDC, “Project Agila,” would be a learning exercise as the country adopts digital money. But
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