Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank
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Thailand reveals new CBDC plans
The Bank of Thailand (BOT) has announced plans to assess the risks and benefits of setting up policies and enhancing the Central Bank Digital Currency
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The Bank of Thailand to pilot Retail CBDC by the end of 2022
The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks.
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Thai SEC approves four crypto firms despite Zipmex woes
Thailand’s regulators are still approving crypto companies despite one of its largest ones suspending withdrawals.
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Thai SEC launches digital hotline for Zipmex users
The investors affected by Zipmex’s withdrawals’ pause can submit information about their losses via an online forum on the Thai SEC’s official website.
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Zipmex resumes withdrawals for trade wallets
The crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency
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