CBDC

Business IT

BSP completes testing for proof-of-concept of Central Bank Digital Currency

Newsbytes.PH - December 7, 2024

Project Agila is a proof-of-concept of the BSP’s Central Bank Digital Currency (CBDC) at the wholesale level.

Newsbytes.PH - April 27, 2022

According to financial website Investopedia, central bank digital currencies are digital tokens, similar to cryptocurrency, issued by a central bank. They are pegged to the value of that country's official currency.

- Advertisement -