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digital baht

Thailand marches on with $14 billion digital money handout
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31 July, 2024

Thailand marches on with $14 billion digital money handout

Prime Minister Srettha Thavisin rose to power in 2023 by pledging to revive the economy through the digital cash handout,...
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 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...
Thailand scraps 7% digital asset tax for traders in new relaxed tariff laws
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12 March, 2022

Thailand scraps 7% digital asset tax for traders in new relaxed tariff laws

Thai Finance Ministry announced new tax rules that seek to promote digital currency trading, a month after a public outcry...
Thailand to delay digital currency testing to late 2022
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29 December, 2021

Thailand to delay digital currency testing to late 2022

The initial testing of Thailand’s central bank digital currency, initially set for Q2 in 2022, will be pushed to later...
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