True Corp, Gulf Energy Development and Siam Commercial Bank's holding company are among those planning to apply for a licence.
March 21, 2024The Bank of Thailand aims to grant three virtual bank licences by mid-2025, with a view to seeing services launch in 2026.
March 5, 2024Investors can gain tax benefits by investing in the funds, which invest in Thai bonds or stocks that adhere to ESG criteria.
December 9, 2023BOT is working with Bank of Ayudhya, Siam Commercial Bank, and 2C2P in the tests, which are expected to last until August.
June 14, 2023The 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, 2021