• Home
  • Login
  • Register
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
SUBSCRIBE
No Result
View All Result
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
Currency Insider
No Result
View All Result

BSP ‘unlikely’ to Issue Own Digital Currency Under Gov. Diokno’s Term

by CBDC Insider
October 22, 2020
in Asia, Business
Reading Time: 1min read
0
BSP ‘unlikely’ to Issue Own Digital Currency Under Gov. Diokno’s Term
Share on FacebookShare on Twitter

Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Thursday its unlikely for the Central Bank to issue its own digital currency during his term.

The BSP has finished its study on the Central Bank Digital Currency (CBDC), the regulated equivalent of cryptocurrencies such as Bitcoin. Although there won’t be an issuance in the next few years, the BSP will continue to its study, Diokno said. 

Cryptocurrencies gained popularity in the last few years along with the blockchain technology or a data-based ledger shared in a network of computers.

RELATED STORIES

Ripple and Digital Euro Association Unveil CBDC and Digital Assets Whitepaper

Ripple and Digital Euro Association Unveil CBDC and Digital Assets Whitepaper

March 28, 2023
Kuroda Says BOJ Needs to Be Ready to Issue Digital Yen

Kuroda Says BOJ Needs to Be Ready to Issue Digital Yen

March 28, 2023

Read more: https://news.abs-cbn.com/business/10/22/20/bsp-unlikely-to-issue-own-digital-currency-under-gov-dioknos-term

Previous Post

EY, Samsung SDS & Naver-Line Consortium Bids to Test South Korean CBDC

Next Post

Bahamian Sand Dollar Now World’s First Fully Deployed CBDC

Next Post
The Bahamas Will Launch Their Digital Currency Sand Tomorrow

Bahamian Sand Dollar Now World’s First Fully Deployed CBDC

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register