The Bank of Thailand to introduce stablecoin regulation.

[jonathancool220]

BOT may also have an abbreviation of Baht of Thailand or currency from Thailand which is designed for digital coins in cryptocurrency whose function is to stabilize the price of Thai Fiat.
I'm also sure that regulations like this are really extraordinary because Thailand definitely understands what has happened so far in their country for character assessment of Cryptocurrencies and welcome to Thailand being able to create BOT stable coins!

[aiviaa485]

If I'm not mistaken, Thailand is in the Southeast Asian region, which certainly understands well about cryptocurrencies and this is a really good discovery for Thailand to be able to create stable coins and raise the prestige of cryptocurrency in Thailand.
I'm also sure that in the future Thailand will feel very open to cryptocurrencies which will certainly give positive results in the Southeast Aisa region and Thailand also has a good MotoGP circuit that allows tourists to make transactions using stable coins for Thai holidays.

[pacar_tiri]

Thailand does not seem to want to lose the momentum where digitalization must also be at the forefront of Southeast Asia.
It is a good thing for the country to introduce a stable coin from the Thai baht because all countries must have stable coins in order to trade crypotency.
If everything is achieved, it is certain that Thailand will be very open to cryptocurrency.

I think every country should want to lose momentum of digital currency.
If the bank of Thailand to introduce stable coin regulation, I think It's good for crypto enthusiasm, especially Thailand citizens.
Digital currency is the future technology, although being blocked at several countries, I believe crypto will survive and go up.

[IyemRoker]

The best thing so far is that all countries open up business opportunities to enter the cryptocurrency space so as to make their citizens aware of the technology owned by all cryptocurrencies which is simple and very easy to operate.
I'm sure Thailand understands very well what has happened so far because I see Thailand as a developed country in Southeast Asia and will definitely feel very open to cryptocurrencies.

[mahadev]

The best thing so far is that all countries open up business opportunities to enter the cryptocurrency space so as to make their citizens aware of the technology owned by all cryptocurrencies which is simple and very easy to operate.
I'm sure Thailand understands very well what has happened so far because I see Thailand as a developed country in Southeast Asia and will definitely feel very open to cryptocurrencies.

Other developing countries should do the same like Thailand, Banks allow bitcoin and altcoin, or adopt crypto technology at their country.
It's good news, If the banks of Thailand to introduce stable coin regulation.
As you said , I think Thailand banks open minded first than other Asian countries.