-The Central Bank of the Philippines is considering issuing its own digital currency.
-Bangko Sentral ng Pilipinas has set up a committee to study policy implications on a CBDC.
-The committee will release the initial results of the study next month.
Last week’s Bitcoin (BTC) 11.4% drop might have seemed unexpected or entirely out of the norm. The truth is, the lack of a more substantial correction since the 50% drop that occurred on March 12 was the unusual part.