Wednesday, April 24, 2024
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bangko sentral ng pilipinas

Diokno: No central bank digital currency within my term

Central banks around the world are now looking into central bank digital currency (CBDC) due in part to the digitalization of payments, with some pilot testing their own version of the currency.

Visa?s financial literacy program adds teacher training module

The new component aims to reach out to the teachers and expand their knowledge on financial management.

Bloomberg launches electronic repo trading platform in PH

With Bloomberg's repo platform in place, repo counterparties now have a standardized calculation and communication platform with complete transparency of collateral details.

The rules on use of virtual currencies in PH, according to BSP

The BSP regulations further state that virtual currencies have no status as legal tender since these have not been issued by any jurisdiction.

Most ATMs running on old OS as BSP yet to approve higher fees for upgrades

Cash machines remain antiquated and prone to fraud because the Bangko Sentral ng Pilipinas (BSP) is taking time to allow banks to raise fees for upgrades.
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