Published April 30, 2021, 6:00 AM
The Bangko Sentral ng Pilipinas (BSP) has set up a Research Academy that will boost BSP’s readiness to handle, keep track of, and regulate digital currencies and artificial intelligence (AI).
“The BSP is looking at the implications of new technologies such as digital currencies and AI on the future of central banking, the financial system and the macroeconomy,” according to BSP Governor Benjamin E. Diokno.
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno (MB file)
Diokno, who is an economist and taught as a professor for 40 years at the University of the Philippines, said that this year until 2023, the BSP research units will cover emerging developments and challenges in central banking.
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