The Bank of Thailand to pilot Retail CBDC by the end of 2022
Cointelegraph
Published Aug 05, 2022 05:29AM ET
Updated Aug 05, 2022 07:00AM ET
On top of its wholesale central bank digital currency (CBDC) projects and proof-of-concept Retail CBDC testing with corporates, the Bank of Thailand (BOT) will extend the scope of CBDC development aimed at retail to a pilot phase. A possible real-life application of the "Retail CBDC" will be conducted inside the private sector on a limited scale.
As the Aug. 5 announcement on the official page of the BOT goes:
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Written By: Cointelegraph
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