[ad_1] As the world of finance continues to transform, new forms of money are challenging traditional monetary infrastructures that have been around for a long time. Currently, central bank digital currencies (CBDCs) have caught the eye of various countries, including the Philippines. In a joint event organized by Bangko Sentral ng Pilipinas (BSP) — the Philippines’ central bank — and the Alliance for Financial Inclusion, BSP Governer Benjamin Diokno announced the rollout of Project CBDCPh, a pilot implementation of a CBDC for the country. According to Diokno, the project aims to…
Read MoreThe Philippines to launch pilot CBDC implementation
