The Philippines to Launch Digital Currency Pilot Project
BSP, the central bank of the Philippines, has recently announced that it will launch a pilot initiative for a Central Bank Digital Currency (CBDC), called project CBDCPh. It is estimated that around 40 countries are currently undertaking research on CBDCs, including...
Vietnam to Launch 5G Network and Intelligent Operation Centers in Major Cities
Vietnam is among the first countries to launch 5G trials. With superior characteristics, 5G is expected to support the country in building a digital government, economy and society. In 2020, all three key players in telecom companies, namely VinaPhone, MobiFone, and...
Consortiums Led By Boost, Grab, Sea, Aeon, and KAF Awarded Malaysia’s Digital Bank Licenses
Malaysia’s Central Bank, Bank Negara Malaysia (BNM) has announced the five successful applicants for the digital bank licenses, in an effort to boost financial inclusion in the country. BNM received 29 applications from companies and partnerships across different...