The Philippines will launch pilot wholesale central bank digital currency project
Retail digital payments are growing, but the country needs to implement further payment and financial inclusion reforms before a retail CBDC will be needed.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Retail digital payments are growing, but the country needs to implement further payment and financial inclusion reforms before a retail CBDC will be needed.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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