CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CoinGape 2023-11-21 08:14:55

Philippines To Use Its CBDC To Sell Sovereign Bonds On Blockchain

The Bureau of the Treasury in the Philippines is considering a collaboration with the central bank to extend the use of digital currency to the sale of government securities. The Treasury is exploring the benefits of blockchain technology after successfully raising 15 billion pesos ($271 million) through its inaugural tokenized Treasury bonds utilizing the Distributed The post Philippines To Use Its CBDC To Sell Sovereign Bonds On Blockchain appeared first on CoinGape .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.