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Feb 25 2021 BSP Ramps up Efforts for Digital Payments Ecosystem; Appoints New Deputy Governor
The Bangko Sentral ng Pilipinas (BSP) has established the Payments and Currency Management Sector (PCMS) which is tasked to manage the interplay of physical currency and digital money in its push to establish a robust digital payments ecosystem.
The PCMS unit will be headed by the newly appointed deputy governor Mamerto E. Tangonan who is a digital finance…