snoop1130 Posted August 19, 2021 Share Posted August 19, 2021 FILE PHOTO: FILE PHOTO: Thailand's central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva/File Photo BANGKOK (Reuters) - Thailand's central bank plans to test its retail digital currency for the public in the second quarter of 2022 as an alternative payment option, an assistant governor said on Thursday. The retail central bank digital currency (CBDC) will not affect monetary policy or money supply in the system, Vachira Arromdee told a news conference. The pilot project https://www.bot.or.th/English/PressandSpeeches/Press/2021/Pages/n6064.aspx will evaluate the use of the CBDC in cash-like activities within a limited scale, such as accepting, converting, or paying for goods and services, she said. The Bank of Thailand (BOT) predicts demand for the CBDC will gradually increase and that it could become an alternative payment option, partially substituting cash and e-money, it said in a statement. The BOT will assess results and risks from the test to ensure that the CBDC is beneficial to all and does not undermine economic and financial stability in the future, it said. -- © Copyright Reuters 2021-08-19 - Whatever you're going through, the Samaritans are here for you - Follow ASEAN NOW on LINE for breaking COVID-19 updates 1 Link to comment Share on other sites More sharing options...
khunjeff Posted August 20, 2021 Share Posted August 20, 2021 Bahtcoin? ???? 1 Link to comment Share on other sites More sharing options...
Caldera Posted August 20, 2021 Share Posted August 20, 2021 Exciting news. Again a bit later than Cambodia though, which seems to become the norm. Link to comment Share on other sites More sharing options...
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