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.
Tag: bangko sentral ng pilipinas
The new component aims to reach out to the teachers and expand their knowledge on financial management.
With Bloomberg’s repo platform in place, repo counterparties now have a standardized calculation and communication platform with complete transparency of collateral details.
The BSP regulations further state that virtual currencies have no status as legal tender since these have not been issued by any jurisdiction.
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.