Philippines to exclude blockchain from its CBDC plan

The Philippines plans to issue a central bank digital currency (CBDC) in the next two years; however, the country chooses alternative paths over blockchain for its strategy, Eli Remolona, the Governor of the Bangko Sentral ng Pilipinas (BSP), told local publication Inquirer.net.Explaining the decision to rule out the technology, Remolona said that "other central banks have tried blockchain but... source: https://cryptobriefing.com/philippines-exclude-blockchain-cbdc-plan/?utm_source=cryptopanic&utm_medium=rss