Showing 1 - 10 of 11
Krungsri upbeat on digital baht
Business, Somruedi Banchongduang, Published on 12/06/2023
» The Bank of Thailand is working with three payment service providers to launch its retail central bank digital currency (CBDC), a novel financial infrastructure it claims will improve the convenience and efficiency of financial transactions with lower costs.
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.
BoT looks for cash deposit solutions
Business, Somruedi Banchongduang, Published on 28/10/2022
» The Bank of Thailand intends to find solutions to make cash deposit machines (CDMs) more convenient, following new regulations from the Anti-Money Laundering Office (Amlo) on their use.
BoT eyes higher bank capital reserves
Business, Somruedi Banchongduang, Published on 25/03/2022
» The business groups of commercial banks planning to invest in digital asset businesses will have to keep sufficient capital reserves to handle possible risk, according to the central bank.
CBDC trial pushed to late next year
Business, Somruedi Banchongduang, Published on 25/12/2021
» The Bank of Thailand has postponed the testing of its retail Central Bank Digital Currency (CBDC) until late 2022 as it awaits the readiness of related stakeholders to participate in the trial.
BoT details blueprint for digital currency
Business, Somruedi Banchongduang, Published on 20/08/2021
» The Bank of Thailand plans to test its Retail Central Bank Digital Currency (Retail CBDC) in next year's second quarter, allowing all related parties to participate in the testing process.
Central bank poised to launch Retail CBDC
Business, Somruedi Banchongduang, Published on 03/04/2021
» The Bank of Thailand is scheduled to launch the Retail Central Bank Digital Currency (CBDC) by the second quarter next year, allowing Thais to access more convenient and secure financial services.
BoT paves path for legal stablecoin
Business, Somruedi Banchongduang, Published on 20/03/2021
» The Bank of Thailand is open to legal digital currencies and plans to issue a consultation paper on stablecoins within the first half of this year.
BoT taking CBDC to retailers
Business, Somruedi Banchongduang, Published on 16/07/2020
» The Bank of Thailand plans to explore expanding the central bank digital currency (CBDC) to retailers in the next phase of development after testing the CBDC for corporate transactions.
BoT foresees trade spat hurting GDP at year-end
Business, Somruedi Banchongduang, Published on 24/08/2018
» The trade dispute between the world's biggest economies is expected to take a toll on the Thai economy from the end of this year at the earliest, says the Bank of Thailand's chief.