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Category bank of thailand

Thailand introduces crypto sandbox project allowing tourists to spend baht

Thailand introduces crypto sandbox project allowing tourists to spend baht

Thailand has introduced a crypto sandbox project that allows tourists to spend in baht.
Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC

Analyst: Bank of Thailand Boosts Gold Reserves to Push De-Dollarized Trading System Fueled by CBDC

The Bank of Thailand might be increasing its gold reserves to power a de-dollarized trading system, according to Jan Nieuwenhuijs, a gold market an...
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht

Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht

The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrien...
Thailand's KBank Starts $100m Fund Targeting AI and Web3

Thailand's KBank Starts $100m Fund Targeting AI and Web3

Thailand-based Kasikornbank (KBank), one of the major banks in South East Asia, has launched a fund worth $100m targeting AI and Web3 globally.
Thailand’s central bank increases key rate to 2.25%, a 9-year high

Thailand’s central bank increases key rate to 2.25%, a 9-year high

Thailand’s central bank has significantly increased its key interest rate, reaching the highest level in nine years. However, alongside this move, ...