Bank of Thailand warns against illegal baht-backed stablecoin
The stablecoin, called Thai Baht Digital (THT), is created on the Terra platform, according to Bank of Thailand officials.
Latest Bank of Thailand News
Thailand expands CBDC use to enterprises as launch nears
Bank of Thailand is partnering with the Hong Kong Monetary Authority to integrate the Hong Kong dollar into its CBDC system.
Bank of Thailand makes headway in digital currency
Thailand’s central bank is reported to be working with commercial banks in developing a distributed ledger system.
Thailand, Hong Kong central banks move closer to digital currency adoption
The Bank of Thailand and Hong Kong’s central bank have made progress in their plans to issue a central bank digital currency.
Hong Kong and Bank of Thailand reach deal for blockchain research
The Hong Kong Monetary Authority and Bank of Thailand are ready to further their research together after signing a memorandum of understanding,.
Thai AML body seeks power to seize crypto assets
Thailand’s Anti-Money Laundering Office (AMLO) is looking to expand its powers to allow for seizure of digital assets.
Bank of Thailand uses R3 Corda platform for ‘milestone’ project
The Bank of Thailand (BoT) wants to create a wholesale Central Bank Digital Currency (CBDC) in the country.
Bank of Thailand gives go-signal for financial companies to dabble in crypto activities
Thailand’s central bank, the Bank of Thailand (BOT) has released a circular outlining their policies on cryptocurrency activities. The circular effectively cancels out their previous rule banning banks and financial institutions from engaging in such activities, provided they abide by the newly released policies.
Thai central bank considers blockchain for cross-border payments: report
Bank of Thailand could soon use blockchain for payments and also for managing its supply chain financing and document authentication, according to Dr. Veerathai Santiprabhob.