Bank of Thailand


Finance

Thailand's KBank Starts $100M Fund Targeting AI and Web3

The KXVC fund hopes to become a regional gateway to help global founders in the APAC region.

Krating Poonpol, Group Chairman of KBTG.(Left) and Jom Vimolnoht, Managing Director of KXVC. (Right) (KXVC)

Policy

Thailand's Central Bank Extends Retail CBDC Study to Pilot Phase

The Bank Of Thailand still says it doesn't plan to issue a retail digital currency.

Bangkok, Thailand's capital. (Florian Wehde/Unsplash)

Markets

Thailand CBDC Trial to Test Use as Cash Substitute

The CBDC will be used for "cash-like activities within a limited scale," such as paying for goods and services.

Thai baht

Policy

Bank of Thailand: Don't Use Crypto for Payments

The central bank stressed that cryptocurrencies are not legal tender in Thailand.

Buy things with baht, says Thailand's central bank.

Markets

Thailand's Central Bank Taps German Payments Giant to Design CBDC Prototype

The hiring of a large international technology provider signals the bank is on schedule for launching its digital currency.

Bangkok

Markets

Thai Central Bank to Pilot Its Retail Central Bank Digital Currency in 2022: Report

Thailand’s central bank is open to accepting public feedback on its retail CBDCs by June 15.

Thailand

Markets

Thai Central Bank to Regulate Stablecoins This Year

The central bank warned a Thai baht-denominated stablecoin is a threat to the stability of the currency system.

Thailand

Markets

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

Markets

Thai Central Bank’s New Blockchain-Enabled Bond Infrastructure Passes Test With $1.6B Bond Sale

The central bank of Thailand has launched a blockchain-enabled platform for the issuance of government saving bonds

Bangkok

Markets

Thai Central Bank Taps Cement Company for First Digital Currency Payments

The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project.

Thai baht

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