The Central Bank of Thailand will launch its own cryptocurrency

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The Central Bank of Thailand will launch its own cryptocurrency

Head of the Central Bank of Thailand in a positive way speaks about the cryptocurrency. Also, the Bank of Thailand plans to issue its own digital assets CBDC to be used for settlements between banks and the modernization of the financial system. The Central Bank of Thailand has already signed agreements with several financial institutions, including Bangkok Bank and HSBC. The goal of this partnership is the launch of the CBDC platform Corda presented the blockchain-a consortium of R3. The banking consortium will become a technological partner of the project and will participate in the development of the CBDC.

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