The BOT expects to begin testing retail CBDC applications with the private sector in December. Ahead of the tests, the BOT is inviting firms to suggest "interesting use cases".
October 31, 2022Bitkub's CTO bought the company's own digital token, KUB Coin, based on inside information about a proposed acquisition by Siam Commercial Bank.
September 6, 2022The next phase of retail CBDC testing will involve Bank of Ayudhya, Siam Commercial Bank, payments provider 2C2P, and technology from Giesecke+Devrient.
August 8, 2022The 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.
July 16, 2022Cross-border instant QR payments are now available for travellers between Malaysia and Thailand, including for online e-commerce transactions.
January 3, 2022The participating banks include DBS, OCBC, UOB, Bangkok Bank, Kasikornbank, Krung Thai Bank and Siam Commercial Bank.
April 30, 2021The retail payment link will facilitate cross-border transactions between Thailand and Vietnam using local currencies.
April 3, 2021Leveraging IBM blockchain technology, Bank of Thailand's platform reduces a process that previously took 15 days to two days.
October 7, 2020The new scripless bond platform enhances investors’ buying experience, improves operational efficiency and reduces overall cost, the BOT said.
September 11, 2020The preliminary licences were awarded to three Korean banks, two Taiwanese banks, one Hong Kong bank and one Thai bank.
April 13, 2020