The Philippines is on track to launch its digital version of the Central Bank currency (CBDC) within the next two years. This program, headed by the Bangko Sentral ng Pilipinas (BSP), intends to roll out the CBDC for wholesale through banks, which is a switch from the current approach to digital currency. Wholesale CBDC Development The post CBDC Initiative to Enhance Philippine Payment Systems appeared first on CoinGape .
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