Bank of Thailand

Thai CBDC pilot succeeds, but no plans to create one
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25 April, 2024

Thai CBDC pilot succeeds, but no plans to create one

Thailand sees central bank digital currency as a tool that could promote innovation but argues that it is in no...
Thailand postpones national digital currency distribution amid demands for closer examination
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3 November, 2023

Thailand postpones national digital currency distribution amid demands for closer examination

Thailand postpones digital currency rollout to Q1 2024 due to security concerns, facing criticism over debt and legality.
Bank of Thailand predicts instant economic boost with new digital handout plans
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8 September, 2023

Bank of Thailand predicts instant economic boost with new digital handout plans

Bank of Thailand foresees positive local economic impact from Pheu Thai Party's $285 digital handout scheme, with 3% GDP growth...
Thailand begins retail CBDC pilot to assess digital baht feasibility
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16 June, 2023

Thailand begins retail CBDC pilot to assess digital baht feasibility

Bank of Thailand expects the total number of participants to reach around the 10,000 mark while viewing the CBDC project...
Thailand central bank to allow digital banks to operate by 2025
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19 January, 2023

Thailand central bank to allow digital banks to operate by 2025

Assistant Gov. Tharith Panpiemras revealed that virtual banks would be regulated in the same manner as traditional financial institutions, including...
Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion
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9 December, 2022

Hong Kong central bank governor optimistic on virtual currency; South Korean counterpart fazed by FTX implosion

Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while...