Retail CBDC pilot to be started by Bank of Thailand

The retail Central Bank Digital Currency (CBDC) pilot programme, slated to run from late 2022 to mid-2023, has officially begun, according to the Bank of Thailand.

The study, which will concentrate on the growth of retail CBDC and its potential effects across the banking sector, will match the attention of other central banks, according to Vachira Arromdee, the central bank's deputy governor.

One of the first central ba....