Thai Securities and Exchange Commission announcements bring more optimism to burgeoning digital asset sector
The Bank of Thailand (BoT) is also said to looking at the advantages of a blockchain-based currency. In August last year, local media reported that the BoT, Thailand’s central bank, was looking into launching a new virtual currency called the Central Bank Digital Currency. The BoT said at the time that it, alongside eight commercial banks, were developing a test of a proof-of-concept prototype for domestic fund transfers using the new crypto-currency platform.
