CBDC Archives | BitPinas

BIS: CBDCs Will Be the Future of Monetary Systems, Are Better than Crypto

24 Jun 20224 Jul 2022 Shiela Bertillo Stablecoin, BIS, CBDC, Point Zero Forum 2 min read

BIS takes the ongoing bear market, as well as the collapse of stablecoin as an affirmation that crypto and DeFi cannot be the foundation of monetary systems.

News Regulation

BSP CBDC Digital Currency Initiative Scheduled for Q4 2022

5 May 202225 May 2022 Shiela Bertillo BSP, Peso Stablecoin, CBDC 2 min read

The BSP explained that wholesale CBDCs may contribute in addressing frictions on large cross-border foreign currency transfers.

News Regulation

BSP To Pilot CBDC for Wholesale Transactions

29 Apr 202229 Apr 2022 Shiela Bertillo BSP, Stablecoin, Peso Stablecoin, CBDC 2 min read

The initiative is part of its aim to promote the stability of the country’s payment system.

News Regulation

BSP To Pilot Central Bank Digital Currency Project

7 Mar 202229 Apr 2022 BitPinas BSP, CBDC 3 min read

The Central Bank already started a study about CBDC’s nature and implications for the whole financial system last year.

News Regulation

BSP Unlikely to Release Own Digital Currency

7 Feb 20227 Feb 2022 Shiela Bertillo BSP, CBDC 1 min read

For now, according to Diokno, the BSP is strengthening the domestic retail payment system in the country.

News Fintech

SG Central Bank, IMF, World Bank Launch Retail Digital Currency Challenge

12 Jul 202111 Jul 2021 Sean Millare MAS, IMF, CBDC, OECD, World Bank, Sopnendu Mohanty 2 min read

Fintech companies and financial institutions globally are invited to submit their innovative solutions which can address problems within the key areas, which have been identified based on suggestions received from partner organizations globally.