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The Central Bank of the Philippines revealed that it aims to conclude the ongoing wholesale CBDC pilot, Project Agila, later this year. The pilot, which…
RBI has announced that the central bank's digital currencies could be used for cross-border payments. Read more to find out how this can be done.
Central bank digital currencies hold many promises, like cheaper cross-border remittances and greater financial inclusion. But would a digital peso work in the Philippines?
CASH has long been the cornerstone of Filipino financial transactions, but a digital wind is blowing, and it carries with it the promise and peril of Central Bank Digital Currencies (CBDCs).
THE Philippines' financial system is undergoing a transformation under the leadership of Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr.