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Felipe Medalla

Philippines sees drastic rise in digital payments adoption in 2022: central bank
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15 July, 2023

Philippines sees drastic rise in digital payments adoption in 2022: central bank

In its recent status report, the Bangko Sentral ng Pilipinas notes that the volume of digital payments had grown significantly,...
Philippines central bank pushes through with wholesale CBDC plans to improve payments
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17 January, 2023

Philippines central bank pushes through with wholesale CBDC plans to improve payments

Bangko Sentral ng Pilipinas said it will not be exploring the retail version of its central bank digital currency but...
Philippine central bank removes Novi from exclusive list of VASP licensees
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1 December, 2022

Philippine central bank removes Novi from exclusive list of VASP licensees

Novi is no longer a registered Virtual Asset Service Provider in the Philippines following BSP's decision to remove it from...
Philippines central bank warns of risks associated with digital assets amid FTX’s implosion
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18 November, 2022

Philippines central bank warns of risks associated with digital assets amid FTX’s implosion

BSP Governor Felipe Medalla also cast aspersions on using the asset in payments over its extreme volatility and environmental impact.
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