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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.

Updated Sep 14, 2021, 12:28 p.m. Published Mar 18, 2021, 9:14 a.m.
Sethaput Suthiwart-Narueput, governor of the Bank of Thailand
Sethaput Suthiwart-Narueput, governor of the Bank of Thailand