Thailand takes rCBDC for a test spin.
The Bank of Thailand will launch a retail central bank digital currency pilot project in a regulatory sandbox this month. Three payment providers will take part, according to local media. The project will involve up to 10,000 users and run through August.
Bank of Ayudhya , Siam Commercial Bank and Singapore-based payments service provider 2C2P will partner with the Thai central bank on the project. Each of those organizations has made an app available to selected users that includes a wallet and a QR code scanner.
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