Guest viewing limit reached
  • You have reached the maximum number of guest views allowed
  • Please register below to remove this limitation
  • Already a member? Click here to login

Welcome to Discussion Bucks

Earn Cash While You Engage!

Join the ultimate paid-to-post forum where your opinions earn you real cash! 🌟 💵 Earn While You Post: Share your thoughts and watch your earnings grow. 🌐 Global Community: Connect with members worldwide. 🎁 Exclusive Perks: Enjoy rewards and VIP perks. Get Started in Minutes!

SignUp Now!

Philippines to Launch CBDC Without Blockchain

Advertising Solutions

Advertising Solutions

Our advertising solutions are crafted to ensure your brand connects effectively with your target audience.

Paid Offers

Paid Offers

Earn D-Bucks by completing simple and interesting tasks.

Contact Staff

Contact Staff

Our experts are ready to answer your questions.

Forum Guidelines

Forum Guidelines

Get familiar with the rules and guidelines that govern the Discussion Bucks community.

Suba

Suba

Discussion Guru
Literary Virtuoso
Registered Member
Engagement Expert Community Favorite Popular Post Senior Contributor
Joined
Oct 1, 2023
Messages
5,979
Reaction score
585
Trophy Points
45
D Bucks
💵3.941125
Referral Credit
0
Reporting from the local newspaper, Inquirer.net, on Feb 12, 2024, the Governor of the Bangko Sentral ng Pilipinas (BSP), Eli Remolona Jr, announced that he would launch a Central Bank Digital Currency (CBDC), but it will not be operated on blockchain. This CBDC is not for retail traders but for wholesale traders, especially to increase transaction security and efficiency, both in domestic and global transactions. The Philippine CBDC will be operated and controlled directly by the central bank (BSP) but mediated by banks or credit institutions, in its operation this CBDC will work similar to electronic money. CBDC is considered to be able to replace cryptocurrencies which have high volatility and no regulation,
 
You must log in or register to reply here.
Back
Top Bottom