More emerging market central banks push digital money

More central banks from emerging markets and developing economies (EMDEs), including the Philippines, are starting work on their own digital currency, according to the 2023 survey by the Bank for International Settlements (BIS). The BIS—which is often dubbed the central bankers’ central bank—cited the Bangko Sentral ng Pilipinas (BSP) and its “Project Agila” as an
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