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The Central Bank of the Philippines does not plan to launch a state cryptocurrency

The governor of the Central Bank of the Philippines, Benjamin Diokno, said that the bank will not launch its own digital currency, since most citizens of the state prefer to use cash. In September, the Central Bank of the Philippines Bangko Sentral ng Pilipinas (BSP) began exploring the possibility of launching a digital Philippine peso to improve the quality of financial services. However, in a The Central Bank of the Philippines does not plan to launch a state cryptocurrency