The Philippines 🇵🇭 to Launch Pilot CBDC Implementation

📣 The #Philippines 🇵🇭 to Launch Pilot #CBDC Implementation

👉 The Philippines’ Central Bank announced the launch of project #CBDCPh for the country.

👉 BSP Governor, #Diokno mentioned that the project is aimed at improving the payment system’s safety, resilience, and efficiency.

👉 The Governor also noted that a CBDC would potentially help the government in running the cash assistance program.

👉 He also highlighted the probable difficulties that might come in the way because of the lack of technological infrastructure.

Learn more…👇

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