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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

More and more investors are entering the cryptocurrency, but retain several financial service providers - survey

Cryptocurrency ownership is growing, but investors are not abandoning traditional financial services due to the growing interest in crypto assets. On the contrary, crypto investors are more likely to use multiple financial service providers than the general population, according to a recent report by the global business analytics company Morning Consult. More and more investors are entering the cryptocurrency, but retain several financial service providers - survey

Bitcoin crashed with a bang, panic and sell-offs in the markets

Bitcoin collapsed on Thursday to the maximum in almost a month amid the sell-off of risky assets. BTC lost 7.7%, ending the day at about $40,700. Ethereum fell by 7.7%, other leading altcoins from the top ten also declined: from 5.4% (Finance Coin) to 8.5% (Terra). The total capitalization of the crypto market, according to CoinGecko, sank by 7.3% in a day, to $ 1.94 trillion. Bitcoin was sold Bitcoin crashed with a bang, panic and sell-offs in the markets