Thailand Already Using Central Bank’s Digital Currency

[Riya143]

A senior figure at the Bank of Thailand (BOT) has confirmed the bank is already using a central bank digital currency (CBDC) for transactions with some businesses.

Vachira Arromdee, the central bank's assistant governor, told reporters Wednesday it planned to expand the use of the digital currency among large businesses The Nation reported.
It's unclear what businesses are already using the digital currency; transactions with the Hong Kong Monetary Authority will be conducted with the CBDC from September, Arromdee confirmed.
Read More: https://www.coindesk.com/thailand-central-banks-digital-currency