Bank of Thailand launches retail CBDC pilot project
The Bank of Thailand has announced the start of a pilot project to test a retail Central Bank Digital Currency (CBDC) in a regulatory sandbox. The project will commence this month and will continue until August 2023. It aims to involve up to 10,000 customers and provide insights into the deployment and viability of a […]
Bank of Thailand plans to test retail CBDC by end of 2022
10,000 people, three large banks, and a restricted retail environment will be used to evaluate the Retail CBDC. The Bank of Thailand (BOT) will broaden the scope of CBDC development focused on retail to a pilot phase in addition to its wholesale central bank digital currency (CBDC) initiatives and proof-of-concept Retail CBDC testing with corporates. […]