OFW Remittances Reach $17B as of June 2023
Remittances from Overseas Filipinos gained a total of $17.59 billion for the first six months of 2023, the BSP reported.
No Room for Non-Compliance: BSP Shuts Down Riyben Foreign Exchange
The Bangko Sentral ng Pilipinas disqualifies Riyben Foreign Exchange for operating as an unlicensed Money Service Business.
Wholesale CBDC vs Retail CBDC: A Comparative Guide
As of this writing, 72 countries are exploring retail CBDC systems, and 11 of them have fully launched a retail CBDC.
List of 10 Major Philippine Banks in BSP CBDC Project
By involving the banks that hold significant market share, the BSP said it aims to have more substantial findings and results for its pilot CBDC project.
Hyperledger Fabric 101: Blockchain Behind BSP CBDC Project
Hyperledger Fabric 101: Discover why the BSP possibly chose this blockchain for Project Agila, its Central Bank Digital Currency (CBDC) pilot.
CBDC Impact on Crypto in the Philippines | BitPinas Webcast 23
Check out our episode notes, highlights, and summary of the webcast: Impact of CBDC on Crypto in the Philippin
BSP Selects Hyperledger Fabric as Blockchain for Pilot CBDC Project
Project Agila involves multiple local financial institutions and receives technical support from international organizations.
21.9M Filipinos Now Have Basic Deposit Accounts in the Philippines
The surge in the number of BDAs in a span of one year led the total value of BDA deposits to exceed ₱27 billion, a 432% rise from ₱5.1 billion in the same quarter of 2022.
Is CBDC a Step Back? Philippine Crypto Community Shares Concerns and Insights
Concerns over government control, centralization, and privacy are at the heart of this hesitation.
PDAX CEO Shares How PH Crypto Exchanges Implement AML Rules
PDAX CEO Nichel Gaba details how Philippine crypto exchanges, with a blend of technology and regulation, enforce anti-money laundering rules, ensuring financial integrity in the crypto sector.