Thailand

The next phase of retail CBDC testing will involve Bank of Ayudhya, Siam Commercial Bank, payments provider 2C2P, and technology from Giesecke+Devrient.

The approvals come as the SEC continues to investigate Zipmex, which operates in Thailand, Singapore, Indonesia and Australia.

The amendments will prevent listed companies from operating as investment companies and circumventing rules applicable to fund managers.

The central banks of Indonesia, Malaysia, the Philippines, Singapore and Thailand will formally sign an agreement on payment connectivity in November.

The SEC amended capital requirements and other rules for crypto firms. The BOT issued draft rules for banks dealing in crypto. Two crypto exchanges were penalised.

The SEC says the SDG Investor Map will promote the capital market as a mechanism for driving Thailand towards the UN SDGs.

The BOT said a stress test showed that banks are strong and have sufficient capital and reserves to cover future risks.

The data centre provides information on business operators, licensed individuals, and the products available - including digital assets.

ICO portals cannot provide services for digital token offerings if there is a conflict of interest, such as in situations where they hold shares in the issuer.

The SEC and CDP will co-develop a programme to improve the quantity and quality of environmental disclosures from corporates and FIs in Thailand.