Thai Central Bank Warns against Baht-Denominated Stablecoin
Thai Central Bank Warns against Baht-Denominated Stablecoin Private issuance of any monetary alternative violates the country’s currency act. The Bank of Thailand (BoT) has issued a warning on Wednesday against Thai Baht Digital (THT), a baht-denominated stablecoin, and asked the public not to make any sort of investment in it. The central bank raised alarm…
