Blockchain and Fintech Unit Established in the Philippines

Blockchain News

Philippine’s central bank, Banko Sentral ng Pilipinas (BSP) has established a blockchain and Fintech unit. The establishment of the special unit will become a part of its National Retail Payment System (NRPS). The governor of BSP, Nestor Espenilla Jr. has confirmed the establishment in a conference. The NRPS is aimed to increase retail electronic payments.

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