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The Bangko Sentral ng Pilipinas (BSP) will complete its Philippine Central Bank Digital Currency (CBDC) pilot by the end of the year, according to financial news outlet Central Banking.
Philippine cryptocurrency exchange Coins.ph and Australia’s Stables Money have partnered to use Coins.ph’s Philippine peso-pegged PHPC stablecoin for remittances. The Philippine peso already ...
Philippine authorities celebrated the country’s removal last week from the money-laundering “grey list” of the Financial Action Task Force (FATF), but some civil society groups described it ...
The Philippine government has welcomed the country’s removal from a global watchdog’s dirty-money list, which could spur remittances and foreign investments in one of Asia’s fastest-growing ...
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