online resources

Philippine Central Bank Starts Using Crypto To Reduce Fiat Money Use

The Philippine Central Bank starts using cryptocurrencies as a mean of reducing the use of fiat money and to also improve the delivery of financial services in the country. The country is still learning how to launch its own digital currency but it is getting closer each day so let’s learn more about it in the latest crypto news today. Bangko Sentral ng Pilipinas or BSP The Philippine central bank starts using crypto as the governor Benjamin Diokno said that digital tokes will expand the reach and will lessen the costs of financial services as well as reduce the use…

Continue Reading Philippine Central Bank Starts Using Crypto To Reduce Fiat Money Use

Philippine Central Bank Starts Looking Into Launching CBDCs

The Philippine Central Bank is the latest one to confirm a dive into central bank digital currencies (CBDC) as it confirmed in a virtual briefing where they said they even formed a committee to launch the CBDCs so let’s find out more in the upcoming altcoin news today. The Philippines became the latest country to start looking into Central bank digital currencies and there’s a high chance they will launch one soon enough. According to a report from Bloomberg, the Philippine Central bank or Bangko Sentral ng Pilipinas formed a committee that will look into CBCds and their implication on…

Continue Reading Philippine Central Bank Starts Looking Into Launching CBDCs

End of content

No more pages to load