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Bangko Sentral ng Pilipinas

Digital innovations will spur the Philippines’ economy, President Ferdinand Marcos Jr. says
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14 September, 2022

Digital innovations will spur the Philippines’ economy, President Ferdinand Marcos Jr. says

President Ferdinand "Bongbong" Marcos Jr. believes the Philippines must leverage digital innovations to stay competitive globally, mentioning blockchain as a...
Philippines: 2 more digital banks commence operations after central bank approval
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26 August, 2022

Philippines: 2 more digital banks commence operations after central bank approval

GoTyme and UnionDigital Bank recently got the green light from the Bangko Sentral ng Pilipinas (BSP) and have now started...
Senate committee weighs regulation for digital assets in the Philippines
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25 August, 2022

Senate committee weighs regulation for digital assets in the Philippines

A recent hearing by the Committee on Banks and Financial Institutions put the central bank and the securities regulator to...
Philippines demonstrates sustained animosity towards foreign digital exchanges
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23 August, 2022

Philippines demonstrates sustained animosity towards foreign digital exchanges

The Philippine central bank is not closing its doors to developments in digital currency exchanges but remains cautious about the...
The CoinGeek Pulse Episode 93: Digital currency firms feel ‘winter’ nip, investors bet against Tether, blockchain makes more progress
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1 July, 2022

The CoinGeek Pulse Episode 93: Digital currency firms feel ‘winter’ nip, investors bet against Tether, blockchain makes more progress

There’s no light at the end of the tunnel just yet in the world of digital currency as troubles continue...
Philippines central bank studying blockchain tech to improve its financial market infrastructure
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29 June, 2022

Philippines central bank studying blockchain tech to improve its financial market infrastructure

The Bangko Sentral ng Pilipinas is exploring several key technologies to help it develop a new financial market infrastructure, including...
Philippines: Bangko Sentral ng Pilipinas pushing through with CBDC experiment
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22 June, 2022

Philippines: Bangko Sentral ng Pilipinas pushing through with CBDC experiment

A management team has been put to take on the initiative, with Deputy Gov. Mamerto Tangonan as project lead, Edna...
Philippines central bank embarks on wholesale CBDC pilot project
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2 May, 2022

Philippines central bank embarks on wholesale CBDC pilot project

Central bank governor Benjamin Diokno said the wholesale CBDC may help the country address financial system problems like issues in...
Philippines central bank warns vs play-to-earn games after $625M Axie Infinity heist
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6 April, 2022

Philippines central bank warns vs play-to-earn games after $625M Axie Infinity heist

The Bangko Sentral ng Pilipinas issued the warning at a time when the Philippines has become a global leader in...
Philippines to launch CBDC research, but rollout remains unclear
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10 March, 2022

Philippines to launch CBDC research, but rollout remains unclear

The Bangko Sentral ng Pilipinas is set to move forward with a research project on a national digital currency, called...
Philippines unlikely to issue CBDC in the near future: report
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18 February, 2022

Philippines unlikely to issue CBDC in the near future: report

The Philippines will not be one of the rising numbers of countries that intend to issue a central bank digital...
Wholesale CBDC coming to Philippines in the near future: central bank
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19 November, 2021

Wholesale CBDC coming to Philippines in the near future: central bank

The Bangko Sentral ng Pilipinas is exploring the use of a central bank digital currency in the near future, but...