Thailand can benefit more from fintech – Veerathai

Veerathai Santiprabhob

The Bank of Thailand is encouraging the financial sector to embrace technology in pursuit of higher productivity, greater resilience and more inclusivity, governor Veerathai Santiprabhob said on July 12.

In his remarks, the governor highlighted the potential of blockchain technology for facilitating regional payments, which he said could boost productivity. The Bank of Thailand is operating a regulatory sandbox, with a cross-border blockchain system as one of several technologies on trial.

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