The Bank of Thailand has announced its commencement of a pilot project, set to launch this month, for testing a retail central bank digital currency (CBDC) within a regulatory sandbox.
With a goal to involve up to 10,000 users, the project is scheduled to run until August 2023, providing insights into the implementation and feasibility of a CBDC in the retail sector.
The launch of an exclusive app
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Author: Sarah Jansen