Tag "Bank of Thailand (BOT)"

Thai Central Bank Set To Test Retail Digital Currencies in 2022

The Bank of Thailand (BOT) has laid out its plans following a recent study to begin testing a Retail Central Bank Digital Currency (Retail CBDC) in the second quarter of 2022. BOT had conducted a study on the implications of

Read More

Indonesia and Thailand Launch Instant Cross-Border QR Payment Linkage

Bank Indonesia (BI) and the Bank of Thailand (BOT) launched a cross-border QR payment linkage between Indonesia and Thailand today. Under this linkage, consumers and merchants in both countries will be able to make and accept instant cross-border QR payments

Read More

Singapore and Thailand Announces World’s First Linkage of Real Time Retail Payment Systems

The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) launched the linkage of Singapore’s PayNow and Thailand’s PromptPay real time retail payment systems. MAS said that it is the first of its kind globally. The linkage is

Read More

Bank of Thailand Revealed Plans To Focus on Retail Digital Currency Next

Bank of Thailand (BOT) announced the results of its Central Bank Digital Currency (CBDC) for Business Prototype Development Project and revealed plans to focus on retail CBDC as its next step. Initiated in June 2020, Project Inthanon marks the first

Read More

Thailand’s Central Bank Issues Government Bonds on Blockchain

The Bank of Thailand (BOT) launched a new platform to issue government savings bond using blockchain technology with its DLT Scripless Bond Project. It is said that fifty billion Baht (approximately US$1.6 billion) of government savings bonds have been sold

Read More