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Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law
21.3.2021
Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT) is currently working on a regulatory framework for stablecoins. Thailand Bans Baht-Pegged Stablecoin The Bank of Thailand,...
Bank of Thailand plans to regulate asset-backed stablecoins this year
19.3.2021
After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021
Thai Central Bank’s New Blockchain-Enabled Bond Infrastructure Passes Test With $1.6B Bond Sale
14.9.2020
The central bank of Thailand announced on Friday it has launched the “DLT Scripless Bond Project” aimed at building a secure and efficient government bond infrastructure
Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
17.7.2020
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying...
Bank of Thailand Progresses With Digital Baht Tests Before Public Launch
16.7.2020
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses
Thai Central Bank Taps Cement Company for First Digital Currency Payments
20.6.2020
The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project
Bank of Thailand Launches Digital Currency Pilot Project
19.6.2020
The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country