The Central Financial institution of the Philippines is unwilling to drag the set off on a CBDC By Cointelegraph

The Philippine central bank is not ready to pull the trigger of a CBDC

Central Bank of the Philippines Governor Benjamin Diokno has announced that the institute’s “exploratory” study into the central bank’s digital currency suggests that a lot more work is needed to make a digital peso a reality.

The Central Bank of the Philippines had confirmed this during the summer Do some research the feasibility and potential policy implications of issuing its own CBDC or digital equivalent to the physical peso.

Read on on Coin Telegraph

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