Thailand’s Central Bank to Test Digital Baht by 2021

Thailand’s central bank has become a forerunner in the development of the central bank digital currency (CBDC) as the regulator is geared up to begin testing as soon as the second quarter of next year, Assist...

Thailand to Regulate Stablecoins Sooner Than Bitcoin

Thailand’s central bank is moving towards bringing regulations for the so-called stablecoin as soon as this year, the Bank of Thailand’s Assistant Governor, Siritida Panomwon Na Ayudhya revealed on Friday. “...

Thai Central Bank to Develop CBDC Prototype

The Bank of Thailand (BoT) has become the latest monetary regulator to jump into the central bank digital currency (CBDC) bandwagon with the announcement of a project to develop the prototype of a decentraliz...

Bank of Thailand in Talks with Facebook

Financial authorities in Thailand are in contact with Facebook over the social media company’s proposed cryptocurrency, Libra. Siritida Panomwan, assistant governor for payment systems policy at the Bank of ...

Thai SEC Bans 3 Major Cryptocurrencies from Use in ICOs

The Thai Securities and Exchange Commission has made the decision to remove three major cryptocurrencies from a list of digital currencies that are allowed to be used as ICO investments and in base trading pa...

Thailand Grants Operating License to Four Crypto Exchanges

Thailand’s Finance Ministry has granted operating licenses to four cryptocurrency-related businesses in the country, according to a Bangkok Post report. Among the four crypto businesses, three – Bitcoin Co, ...