Bank of Thailand to test retail CBDC

Bank of Thailand
The Bank of Thailand
Photo: George Johnson

The Bank of Thailand plans to begin testing a prototype retail central bank digital currency (CBDC) next year, it announced on August 19.

The retail CBDC trial will focus on cash-like activities but only “within a limited scale”, including accepting currency, converting and transacting. The BoT said the trial will start by the second quarter of 2022.

It will also hold a simultaneous trial to explore “innovative use cases” of CBDC where private sector players and technology developers are

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account