Slight delay to retail digital currency test

Published by
The Bangkok Post

Slight delay to retail digital currency test Slow steps preferred to ensure efficiency and prudence The Bank of Thailand 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 such as deposits, withdrawals and fund transfers by …

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