Bank of Thailand’s CBDC Project Prototype Is Being Finalized by R3 and Wipro
Blockchain consortium R3 and global IT leader Wipro Limited have developed a blockchain solution prototype to enable digital currency for interbank settlements in Thailand, according to a press release from May 7.
Bank of Thailand Governor: No Central Bank Digital Currency Within 3-5 Years
Thai citizens will have to be patient in the wait for a retail central bank digital currency that will save them from carrying cash around.
Thailand's Central Bank Is Developing a Digital Currency Based on R3 Tech
The Bank of Thailand (BoT) has announced it expects to complete the first phase of a proof-of-concept trial for a central bank digital currency (CBDC) by March 2019.
Thai banks are allowed to invest in crypto, according to the bank of Thailand
The Bank of Thailand (BoT) announced yesterday that commercial banks in the country are allowed to buy and sell cryptocurrencies provided that the institution receives permission from Thailand’s Securities and Exchange Commission (SEC) first.