The Philippine Space Agency (PhilSA) and the Bangko Sentral ng Pilipinas (BSP) have entered into a partnership to integrate space science and technology into theThe Philippine Space Agency (PhilSA) and the Bangko Sentral ng Pilipinas (BSP) have entered into a partnership to integrate space science and technology into the

Philippine Central Bank Adopts Space Technology for Financial Supervision

The Philippine Space Agency (PhilSA) and the Bangko Sentral ng Pilipinas (BSP) have entered into a partnership to integrate space science and technology into the country’s economic and financial analysis.

The collaboration was formalised through a Memorandum of Agreement (MOA) signed on 27 January 2026 by PhilSA Director General Gay Jane P. Perez and BSP Assistant Governor Pia Bernadette R. Tayag.

This initiative aims to support the BSP’s mandate of maintaining monetary and financial stability by utilising space-derived data and geospatial tools.

The agencies will use these technologies to assess climate risks, evaluate the impact of disasters, and monitor socio-economic indicators.

The objective is to better anticipate risks arising from climate change, particularly their potential effects on inflation and economic resilience.

She noted that understanding climate-related risks requires consistent and forward-looking information, which space technology can provide.

Under the agreement, the agencies will develop data systems to convert geospatial and environmental information into actionable financial intelligence.

The partnership also includes joint research and capacity-building programmes to train BSP personnel in satellite data analytics.

This initiative builds upon a foundational workshop on Geographic Information Systems held in April 2025.

BSP Assistant Governor, Pia Bernadette R. Tayag​ highlighted the practical applications of the deal.

PhilSA will provide the necessary technical expertise and data to help identify environmental hazards.

Featured image by the Philippine Space Agency.

The post Philippine Central Bank Adopts Space Technology for Financial Supervision appeared first on Fintech News Philippines.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Vitalik Buterin Withdraws 16,384 ETH to Fund Open-Source Technology and Privacy Projects

Vitalik Buterin Withdraws 16,384 ETH to Fund Open-Source Technology and Privacy Projects

TLDR: Buterin withdrew 16,384 ETH to personally fund open-source projects as Ethereum Foundation reduces spending.  The initiative supports secure hardware, privacy
Share
Blockonomi2026/01/30 16:39
What is the most promising crypto right now? A practical checklist

What is the most promising crypto right now? A practical checklist

Crypto interest often spikes after headlines. This guide helps everyday readers turn curiosity into repeatable checks that limit obvious execution risks. We focus
Share
Coinstats2026/01/30 15:52
Inside Upexi’s SOL play: staking yield and locked token deals

Inside Upexi’s SOL play: staking yield and locked token deals

The post Inside Upexi’s SOL play: staking yield and locked token deals appeared on BitcoinEthereumNews.com. Upexi is the largest public company holding Solana tokens and uses a SOL strategy to build its holdings and generate additional revenue through staking. In an interview with crypto.news, Upexi CEO Allan Marshall explains why the company executed a large equity private placement to build a crypto treasury, citing MicroStrategy’s playbook and a more accommodating U.S. policy backdrop. Summary Upexi is the largest public holder of Solana, using equity raises to build a SOL treasury and earn staking yield. Upexi CEO Allan Marshall spoke with crypto.news in an interview. Corporate strategy focuses on accretive issuances, staking, and discounted locked SOL purchases, not venture investing. Upexi markets itself as a “new institutional gateway to Solana’s (SOL) speed, scale, and rapidly growing ecosystem.” But it isn’t alone, as it joins a handful of rival companies also building Solana treasuries, while dozens of other public entities are focusing on other coins. Speaking to crypto.news, Marshall discusses strategy and market perception. He notes that Upexi is focused on accretive capital raises, staking, and discounted, locked SOL purchases rather than venture investing. He also discusses how the company measures progress through an “adjusted SOL per share” metric designed to remove timing and leverage effects. We also discuss the company’s risk management strategies, which include a buy-and-hold approach, no hedging, disciplined use of leverage, and custody with qualified providers. The entire interview transcript is below: crypto.news: Upexi is now the largest corporate holder of Solana with over 2 million SOL in treasury. Why did you make such a dramatic shift now? Was there something specific that happened in the past few months that gave you the confidence to commit so heavily to a crypto treasury at this time? Allan Marshall: Upexi did the first large-scale equity private placement to create an altcoin treasury, and there were…
Share
BitcoinEthereumNews2025/09/20 02:51