Philippines to Develop Blockchainless Wholesale CBDC in Two Years – Economics Bitcoin News



Philippines to Develop Blockchainless Wholesale CBDC in Two YearsThe Central Bank of the Philippines will develop a central bank digital currency (CBDC) in the next two years, according to Governor Eli Remolona Jr. The still unnamed CBDC will focus on the wholesale market and won’t use blockchain tech, instead relying on the Philippine Payment and Settlement System, owned and operated by the central […]



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