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Philippine Central Banker Unveils Project Agila: A Leap into wCBDC Pilot
8.3.2024
The central bank of the Philippines (BSP) aims to complete a CBDC pilot by the end of the year, according to a local press report. Central bank Deputy Governor for Payments and Currency Management Mamerto Tangonan told a press briefing Wednesday: “For CBDC… our timeline for that is to complete...
Digital Dollar Project completes CBDC retail remittance pilot with Western Union
3.8.2023
The project simulated transfers to customers of BDO Unibank in the Philippines with improved settlement time, cost and transparency
Crypto needs ‘enabling environment,’ Philippines central bank says
15.8.2022
The Philippine central bank sees the potential of crypto to improve domestic and cross-border payments, but the authority is still negative to crypto as a legal tender
The Philippines to launch pilot CBDC implementation
8.3.2022
BSP Governor Benjamin E. Diokno says that the goal of the project is to enhance “the payment system’s safety, resiliency, and efficiency.”
Philippines' central bank isn’t ready to pull the trigger on a CBDC
22.10.2020
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money