Philippines’ CBDC Target Launch Date Set | Weekly News Recap
In today’s weekly news recap – PH CBDC Update, plus all the events BitPinas covered last week.
BSP: CBDC Pilot Completion by the End of 2024
BSP plans to issue wholesale CBDCs to commercial banks and financial institutions for various purposes such as settling interbank payments
PH Eyes 2026 Launch of Non-Blockchain CBDC To Rival Crypto – BSP
In September last year, the central bank said it chose Hyperledger Fabric as the technology backbone for its Project Agila, the pilot wholesale CBDC initiative.
2023 Year in Review: Six News That Shaped CryptoPH In 2023
The following highlights the biggest crypto news developments in the Philippines that BitPinas thinks will continue to have an impact on the local industry for years to come.
Mastercard Completes CBDC Pilot with Reserve Bank of Australia
Mastercard, Reserve Bank of Australia (RBA), and Digital Finance Cooperative Research Centre (DFCRC) have wrapped up a successful CBDC pilot.
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.
Global Perspectives: The List of Countries With CBDC Initiatives
According to the Atlantic Council data, 131 out of 195 countries around the world have already explored, researched, developed, piloted, or even launched their own CBDC systems as of September 2023.
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.
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.