Central Banking

Bank of Thailand names digital currency partners

The Bank of Thailand
Photo: yarexphotography.com

The Bank of Thailand has announced more detail on its development of a prototype wholesale central bank digital currency (CBDC), including its commercial partners.  

The central bank is running a project on using the wholesale CBDC in domestic interbank settlements. It has formed a “collaborative partnership” with eight commercial banks and the distributed ledger development company R3, it says in a statement.  

The eight banks in the consortium include HSBC and the Thai subsidiary of Standard

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com 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