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Thai Central Bank Warns Against 'Illegal' Use of Baht-Denominated Stablecoin

The Bank of Thailand has deemed any activity involving the THT stablecoin "illegal" on the basis it violates the nation's Currency Act.

Sethaput Suthiwart-Narueput, governor of the Bank of Thailand
Sethaput Suthiwart-Narueput, governor of the Bank of Thailand