2021-8-20 11:52 |
The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn't adversely impact financial stability. origin »
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The Bank of Thailand together with UEA's central bank, BISIH, the digital currency institute of the people's bank of China and HKMA have all adopted CBDCs according to a report by the BIS as more banks are looking to venture in the project.
2022-10-27 14:00 | |
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Thailand is currently in its third developmental phase of building its central bank digital currency (CBDC), a local newspaper, and Nation Thailand reported on Thursday. The paper stated that the Assistant Governor of the Bank of Thailand, Vachira Arromdee, who said the bank is already rolling out its CBDC to large companies. The Bank of […]
2020-7-17 17:21 | |
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Thailand’s central bank is continuing developments on the central bank digital currency (CBDC) project as the apex bank will test its CBDC for transactions among large businesses. Thailand’s CBDC Reaches Third-Stage Development According to a report by the Nation Thailand on Thursday (July 16, 2020), the Bank of Thailand (BOT) CBDC project is already atRead MoreRead More.
2020-7-17 20:07 | |
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The largest commercial bank in Thailand, Siam Commercial Bank (SCB) – which recently disclosed its interest in the different applications of blockchain technology has stated that it will be partnering with Ripple for the deployment of blockchain solutions.
2019-5-24 10:16 | |
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Following the adoption of the country’s first cryptocurrency regulation, the central bank of Thailand is working on its own digital currency in collaboration with the country’s largest banks.
2018-8-24 02:45 | |
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The central Bank of Thailand (BoT) revealed on Wednesday plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the first such development in the South East Asian region.
2018-8-23 22:00 | |
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The Bank of Thailand’s is going to finish the first phase of its work on Central Bank Digital Currency (CBDC) early next year. The post Thailand’s CBDC: Pursue of Innovative Economy or a Try to Centralize Power? appeared first on CoinSpeaker.
2018-8-23 12:05 | |
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Thailand’s central bank will pilot a wholesale central bank digital currency (CBDC) based on a blockchain developed by R3.
2018-8-23 08:19 | |
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The BoT hopes the knowledge gained from developing the prototype will aid it in future blockchain-related endeavors.
2018-8-23 22:17 | |
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Bank Of Thailand Set To Launch A Digital Currency Based On R3 Tech The Bank of Thailand (BoT), country's central bank has declared that it is working on a project ‘Inthanon‘ that will devise and develop a proof-of-concept prototype for wholesale funds transfer by issuing a wholesale Central Bank Digital Currency (Wholesale CBDC). BoT is […]
2018-8-22 21:16 | |
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In an open statement published yesterday, the Bank of Thailand (BOT), the country’s central bank, announced that it has begun developing a wholesale central bank digital currency. The project is designed to address technological changes happening in the financial services industry by raising the Thai financial sector’s readiness for adopting new financial tech.
2018-8-23 20:59 | |
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Thailand could be the next country to unveil a central bank backed cryptocurrency following the footsteps of Venezuela, Tunisia, and Senegal. According to a Tuesday press release, the Central bank of Thailand is well on track to complete the first phase of a proof-of-concept trial for the new digital currency and hopes that this will […] The post A New Central Bank Digital Currency is Coming to Thailand appeared first on ZyCrypto.
2018-8-23 20:19 | |
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The Bank of Thailand (BoT) – the country’s central bank has announced that it has made significant progress on its cryptocurrency pilot program. The country’s apex bank’s planned completion date for phase one of the project is Q1 2019.
2018-8-23 18:26 | |
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The Bank of Thailand (BOT) are the next central bank to weigh in on the cryptocurrency debate, and it looks to be good news this time. Sort of anyway. BOT want to develop a Central Bank Digital Currency (CBDC), a cryptocurrency that will be issued by the bank and regulated by the bank.
2018-8-22 17:30 | |
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Details have emerged of a new digital currency to be issued by the central bank of Thailand – it’s built on an open-source blockchain eerily reminiscent of Ripple, the popular banking ledger developed by Ripple Labs.
2018-8-22 17:00 | |
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Bank of Thailand (BoT) объявил, что первый этап “доказательства концепции” для цифровой валюты центрального банка (CBDC) будет завершен к марту 2019 года. Как сообщил в пресс-релизе Центробанк, он в сотрудничестве с восемью финансовыми институтами страны стремится создать CBDC на базе блокчейн-платформы Corda компании R3.
2018-8-23 16:01 | |
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The central bank of Thailand in cooperation with a group of financial institutions and banks will soon release a digital currency, which will be used in wholesale interbank operations. The platform the digital currency is built on is R3's Corda.
2018-8-23 15:09 | |
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The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.
2018-8-22 12:00 | |
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In the high-profile Thai crypto fraud case involving an actor, Thailand’s central bank has clarified that the fraud is not related to cryptocurrency trading, but a general misuse of money. Thailand has recently legalized seven cryptocurrencies, authorized seven crypto firms, and the Bank of Thailand has green-lighted commercial banks’ subsidiaries for crypto activities.
2018-8-21 14:02 | |
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Staff at three Thai banks and an investor in the Stock Exchange of Thailand (SET) are among the people implicated in a mega bitcoin scandal, local media reported on August 16. According to the Thai police, several bank employees failed to report huge transfers to the country’s Anti-Money Laundering Office, a violation of the country’s […]
2018-8-18 16:00 | |
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Bob Goodlatte, the chair of the House Committee on the Judiciary, has reported his private cryptocurrency holdings – making Mr. Goodlatte likely the first member of the United States Congress to disclose private investments in the form of virtual currencies.
2018-8-7 06:35 | |
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Continuing its decisive development spree for the optimal growth of the cryptocurrency sector, the Bank of Thailand (BoT) passed a resolution to allow local banks to set-up cryptocurrency-focused subsidiaries for dealing with related businesses.
2018-8-7 02:00 | |
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Центральный банк Таиланда выпустил циркуляр, в котором изложил правила для осуществления финансовыми компаниями деятельности в области криптовалют. Документ заменит циркуляр, выпущенный Bank of Thailand (BOT) в феврале, в котором регулятор попросил финансовый бизнес воздержаться от любой деятельности, связанной с криптовалютами.
2018-8-6 17:03 | |
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Thailand’s central bank has announced the rules under which financial institutions, including commercial banks, and their subsidiaries can engage in cryptocurrency activities. They include securities, asset management, and insurance firms.
2018-8-6 10:45 | |
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Bank of Thailand has permitted banks to set up branches for dealing with cryptocurrencies, while the main crypto-dealings ban still remains
2018-8-4 19:19 | |
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On July 31, 2018, Everex and Myanmar’s Shwe Bank announced a partnership to provide a blockchain-based solution to migrants. The deal will pave the way for the introduction of a blockchain-based remittance service that will allow migrants from Myanmar and Thailand to access cheaper remittance services.
2018-8-4 10:00 | |
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The distributed ledger technology-based remittance service will connect Myanmar and Thailand.
2018-8-2 14:45 | |
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Financial blockchain firm Everex has announced a new partnership with Myanmar’s Shwe Urban & Rural Development Bank, a mid-tier challenger bank, to provide blockchain-powered digital remittance services between Myanmar and Thailand.
2018-8-1 15:13 | |
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Singapore Company Enables Instant Blockchain Remittance For Myanmar Migrant Workers In Thailand A Singapore-based technology firm called Everex has recently partnered with the Myanmar’s Shwe Bank to introduce a service of remittances between Myanmar and Thailand powered by the blockchain technology.
2018-7-31 10:44 | |
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The Bank of Thailand aims to use blockchain technology to improve services like document authentication, cross-border payments and supply chain financing. The Bank of Thailand is now considering using the modern and revolutionary blockchain technology to improve and streamline several administrative and payment services.
2018-7-16 21:12 | |
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The Bank of Thailand aims to use blockchain technology to improve services like document authentication, cross-border payments and supply chain financing. The post Thailand’s Central Bank Considers Using Blockchain to Improve a Range of Services appeared first on CoinSpeaker.
2018-7-16 17:56 | |
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The Governor of the Bank of Thailand, Dr. Veerathai Santiprabhob, alluded to the use of blockchain technology as part of a national effort to further Thailand’s economic potential. The post Bank of Thailand Considers Blockchain for Economy Expansion appeared first on CryptoSlate.
2018-7-15 16:00 | |
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The Governor of the Bank of Thailand (BoT), said that the bank is considering blockchain technology for various applications during a speech at the the Bloomberg ASEAN Business Summit on July 12. The central bank’s governor Dr.
2018-7-14 16:08 | |
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The Bank of Thailand’s governor revealed that the central bank is reviewing blockchain tech for cross-border payments, among other applications
2018-7-14 13:23 | |
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Mitsubishi Corporation, Standard Chartered and Bank of Ayudhya (Krungsri) — a Thailand subsidiary of MUFG Bank — jointly announced a pilot test for payments between Singapore and Thailand with xCurrent.
2018-6-17 01:00 | |
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The first banks will be connected this year, with a phased roll out for selected retail customers.
The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.
Recent 13F filings show Europe's second largest bank, BNP Paribas, has purchased Bitcoin exposure via a US spot Bitcoin ETF.
The proposed new industry guidelines are intended to address issues around AML and CFT rules.
Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.
The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new strategy by January.