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Mar 13 2024 6 Banks Revealed in Project Agila CBDC Pilot Concluding by End-2024
By: FintechNews
Source: fintechnewsI
n a recent press briefing, Deputy Governor Mamerto Tangonan disclosed that the Bangko Sentral ng Pilipinas (BSP) is poised to complete the trial phase of Project Agila, a wholesale Central Bank Digital Currency (CBDC) initiative, by the end of 2024.
The project aims to facilitate digital currency transactions among commercial banks and financial institutions…