The Bank Of Thailand Are Developing A Wholesale Cryptocurrency

The Bank Of Thailand Are Developing A Wholesale Cryptocurrency
ôîòî ïîêàçàíî ñ : cryptodaily.co.uk

2018-8-22 17:30

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.

In this instance, BOT are looking at developing a wholesale CBDC, which means the actual tokens will not be available for retail use by the general public, rather, they will be set up to be used by financial institutions within certain markets.

Continue reading The Bank Of Thailand Are Developing A Wholesale Cryptocurrency at Crypto Daily™.

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