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Bank of Thailand

The Bank of Thailand revealed that it plans to allow virtual bank operations by 2025, supported by companies that make a living in the world of finance. The publication of the "Consultation document on the framework for granting licenses to virtual banks" talks about the start of applications to be…
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The Bank of Thailand will work on tests with CBDC

The Bank of Thailand (BOT) announced that it will soon take the development of its own CBDC to the pilot stage, which is scheduled to start at the end of 2022. As detailed by the financial institution, the real application of this will…