Showing 1 - 10 of 30
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.
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 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.
BoT more amenable but still leery of Libra landing
Business, Somruedi Banchongduang, Published on 19/07/2019
» Bank of Thailand governor Veerathai Santiprabhob has toned down his hostility towards Facebook's digital currency plan, but he said prudent study of both the benefits and risks of the virtual coin is still needed.
KBank uses digital for Asean retail
Business, Somruedi Banchongduang, Published on 03/02/2020
» Kasikornbank (KBank) looks set to use digital banking to make inroads into the regional retail market, tapping higher-yield business.
Facebook approaches BoT on Libra
Business, Somruedi Banchongduang, Published on 06/07/2019
» The Bank of Thailand will schedule a meeting with Facebook to discuss the social media giant's much-touted Libra cryptocurrency.
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.
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 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.
Krungsri anticipates uptick in baht volatility
Business, Somruedi Banchongduang, Published on 07/07/2023
» Bank of Ayudhya, which markets itself as Krungsri, predicts the baht will be more volatile amid several uncertainties both internal and external.