Thai Remittance Platform Starts Processing Ripple Payments
DeeMoney has become the first non-banking institution to use RippleNet in Thailand.
Thailand's digital currency is backed by the central bank’s foreign currency reserves, which have grown by $25 billion over the past 12 months.
The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project.
Thailand’s securities watchdog has granted a digital assets exchange license to Elevated Returns’ ERX trading platform.
The Thai Public Debt Management Office plans to sell the cheaply priced bonds through a state-owned bank’s blockchain e-wallet.
A Thailand public-private joint venture has inked a deal with blockchain startup Power Ledger to encourage renewables trading and uptake.