Bank of Thailand - News, Articles & Research

China and UAE central banks explore CBDC for cross-border payments

The central banks of China and the United Arab Emirates are joining their counterparts in Thailand and Hong Kong on a CBDC project investigating cross-border foreign currency payments.

23 February 2021

News/cloud

Bank of Thailand launched blockchain-based government savings bond platform

Thailand's central bank has teamed up with IBM to launch the world's first blockchain-based platform for government savings bonds, issuing a total of $1.6 billion within two weeks.

05 October 2020

News/regulation

Bank of Thailand issues new rules for digital loans

Thailand's central bank has published new measures for the growing digital personal loan market that will allow lenders to use a wider range of alternative data sources when making credit decisions.

18 September 2020

News/crypto

Thai central bank preps CBDC-based prototype for businesses payments

The Bank of Thailand is building a prototype of a payment system for businesses using Central Bank Digital Currency (CBDC).

18 June 2020

News

Hong Kong and Thai central banks report back on digital currency trials

The Hong Kong Monetary Authority and the Bank of Thailand have completed a working prototype of a cross-border digital currency payment system.

22 January 2020

News

MAS blockchain payment project moves into fifth phase

The Monetary Authority of Singapore says it has engaged with more than 40 financial and non-financial firms to determine the commercial viability and value of its blockchain-based prototype for multi-currency payments.

11 November 2019

Company announcement/wholesale

Bank of Thailand goes live with SimCorp Dimension

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announces that The Bank of Thailand, the country’s central bank with USD 226 billion in reserves, has successfully implemented and is live on SimCorp Dimension

08 July 2019

Company announcement

Hong Kong and Thailand sign fintech co-operation pact

The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) entered into a Memorandum of Understanding (MoU) on 12 May 2019 to foster collaboration between the two regulatory authorities in promoting financial innovation.

15 May 2019

News

Wipro develops prototype for central bank digital currency initiative in Thailand

Wipro is working with the Bank of Thailand and eight of the nation's largest banks to develop a blockchain-based interbank payment system using digital tokens.

07 May 2019

News

Thai central bank kicks off digital currency project

Thailand's Central bank has kicked off a project with R3 and eight banks on the development of a digital currency (CBDC) for use in domestic wholesale funds transfers.

23 August 2018

News

Thai CB to issue digital currency for interbank settlement: Sarb reports back on Project Khokha

The Central Bank of Thailand is initiating a project to use a Bank-issued digital currency for interbank settlements.

07 June 2018

Company announcement

Five banks exit Thai regulatory sandbox with QR payment codes

Ms. Siritida Panomwon Na Ayudhya, Assistant Governor, Payment Systems Policy and Financial Technology Group, announces that since the Bank of Thailand (BOT), financial institutions, non-bank payment service providers, and international card schemes have jointly developed the Thai QR code standard for e-Payment in Thailand which complies with international standard, BOT has allowed eight financial institutions to test their payment projects using the QR code standard through their mobile application in the BOT’s regulatory sandbox.

14 November 2017