Philippines to Launch Central Bank Digital Currency as ‘Answer to Crypto’

The central bank of the Philippines, Bangko Sentral bg Pilipinas, plans to launch a central bank digital currency (CBDC) within two years. The bank wants to complement physical cash and offer a less risky alternative to cryptocurrencies. The governor of the central bank of the Philippines said it will launch a central bank digital currency that will not depend on... source: https://beincrypto.com/philippines-cbdc-safer-crypto/