thai officials appear to delay introducing a central bank digital currency for consumers.

The governor of the bank of thailand, sethaput suthiwartnarueput, declared that the institution would not rush to implement a cbdc. according to him, thailand provides customers with various payment options. the government announced its plan to replace physical cash with the national digital currency last year. in 2020, the country’s central bank announced that it intends to examine how the financial product interacts with local businesses.

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