Cryptocurrency News
The Bank of Thailand to pilot Retail CBDC by the end of 2022
2022.08.05 14:10
The Bank of Thailand to pilot Retail CBDC by the end of 2022
On top of its wholesale central bank digital currency (CBDC) projects and proof-of-concept Retail CBDC testing with corporates, the Bank of Thailand (BOT) will extend the scope of CBDC development aimed at retail to a pilot phase. A possible real-life application of the “Retail CBDC” will be conducted inside the private sector on a limited scale.
As the Aug. 5 announcement on the official page of the BOT goes:
