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    Philippines Plans to Introduce Wholesale CBDC by 2029

    Philippines Plans to Introduce Wholesale CBDC by 2029

    Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion. “This is an innovative payment instrument,” said...
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