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Philippines’ central bank plans to launch a pilot program for a CBDC.

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In a speech transcript published earlier this month, the Philippines’ central bank governor announced the rollout of a CBDC project at a joint event that was organized by Bangko Sentral ng Pillipinas (BSP) and the Alliance for Financial Inclusion. According to BSP chief Benjamin Diokno, the project aims to improve “the payment system’s safety, resiliency, […]

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