Thai c.bank to test retail digital currency later than planned

December 24, 2021 Janet Finance Comments Off

Thailand’s central bank is seen at the Bank of Thailand in Bangkok, Thailand April 26, 2016. REUTERS/Jorge Silva/File Photo Register now for FREE unlimited access to Reuters.comRegisterBANGKOK, Dec 24 (Reuters) – Thailand’s central bank said on Friday it expects to test its retail central bank digital currency (CBDC) for the public in late 2022, later than planned, as an alternative payment option.The pilot project, previously planned for the second quarter of 2022, will evaluate the use of the CBDC in cash-like activities within a limited scale, deputy central bank director Kasidit Tansanguan told a news conference. The project will involve transactions …
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