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Thailand sees central bank digital currency as a tool that could promote innovation but argues that it is in no rush to push for one, noting that it will resort to programmable payments and tokenization instead.
Under the MOU, BWA and JADA will explore opportunities in Web3 technologies and craft use cases and policies that will help fully develop the Web3 ecosystem in their respective countries.
The Research and Markets report highlights several factors responsible for the surge of artificial intelligence in regtech, including the requirement for real-time monitoring and reporting to protect consumers.
Canada has pledged to enforce the Crypto-Asset Reporting Framework (CARF), which aligns with OECD standards, one year before they take effect globally.