Bank of Thailand’s CBDC Project Prototype Is Being Finalized by R3 and Wipro

Blockchain consortium R3 and global IT leader Wipro Limited have developed a blockchain solution prototype to enable digital currency for interbank settlements in Thailand, according to apress release from May 7. The release states that the solution will be used by the country’s central bank, the Bank of Thailand (BoT), and eight local commercial banks to enable decentralized interbank real-time gross settlement using a wholesale…

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Thai SEC Deputy Secretary: New Regulation Allows for Digital Shares, Tokenized Securities

The Thai Securities and Exchange Commission (SEC) deputy secretary-general Tipsuda Thavaramara has said that the recently introduced regulation allows for the issuance of digital shares and a tokenized securities depository platform. English-language local media Bangkok Post reported the declarations on May 2. In her comments, Thavaramara referred to the amendment to the Securities and Exchange Act of 2019, which…

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