Showing 11 - 20 of 10,000
Slight delay to retail digital currency test
Reuters, Published on 24/12/2021
» The Bank of Thailand said on Friday it expects to test its retail central bank digital currency (CBDC) for the public in late 2022, later than planned, as an alternative payment option.
Mastercard gears up for digital currency payment
Business, Sirivish Toomgum, Published on 15/03/2022
» Payments technology company Mastercard has been working closely with related parties everywhere, including Thailand, to prepare for the future of payments in which digital currencies will be a critical choice for consumers, said Aileen Chew, country manager of Mastercard for Thailand and Myanmar.
Bank of Thailand digital currency scheduled for 2019
Business, Somruedi Banchongduang, Published on 22/08/2018
» The first phase of the Bank of Thailand's wholesale Central Bank Digital Currency (CBDC), which will be used for interbank fund transfers, is expected to be completely developed by the first quarter of next year, says the central bank.
Bank of Thailand continues push for digital currency
Business, Somruedi Banchongduang, Published on 29/10/2022
» The Bank of Thailand (BoT) plans to take more time to develop its retail central bank digital currency (CBDC) to ensure it offers additional benefits to the financial system with good risk management.
Teaming up for the future of digital currency
Asia focus, Suwatchai Songwanich, Published on 15/03/2021
» China recently joined the United Arab Emirates, Hong Kong and the Bank of Thailand in a joint project that aims to get more Asian central banks to explore the potential of distributed ledger technology, also known as blockchain, to enhance the digital financial infrastructure for cross-border payments.
Cambodia officially launches digital currency backed by central bank
Reuters, Published on 28/10/2020
» Cambodia officially launched on Wednesday a central bank-backed digital currency that draws on blockchain technology designed by a Japanese company.
Central bank to test retail digital currency next year
Reuters, Published on 19/08/2021
» The Bank of Thailand plans to test its retail digital currency for the public in the second quarter of 2022 as an alternative payment option, an assistant governor said on Thursday.
Cambodia aims hybrid digital currency on blockchain at unbanked
Published on 22/12/2021
» When Cambodia's central bank launched a pilot for a digital payment system in July 2019, its aim was to increase financial inclusion in the country and expand use of the local currency over the US dollar. Then came the coronavirus pandemic.
Facebook's digital currency Libra poses threat to WeChat Pay, Alipay
Published on 27/10/2019
» Chinese tech giant Tencent Holdings has acknowledged that Facebook's proposed cryptocurrency Libra could pose a serious threat to existing digital payment systems, including its own WeChat Pay as well as Alipay from rival Alibaba Group Holding.
China's digital currency not seeking ‘full control’ of individuals' details
Reuters, Published on 12/11/2019
» SINGAPORE: China's proposed digitised domestic currency is not a bid to gain full control of information belonging to the general public, a senior central bank official said on Tuesday, adding that the goal was to balance privacy concerns and the authorities' need for information.