Thailand Business News — Morning Briefing
The Bank of Thailand plans to introduce regulations for a baht-pegged stablecoin in March 2027 while suspending applications for new money changer licences throughout 2027.
Thailand Business News reports on the Bank of Thailand's plans to introduce regulations for a baht-pegged stablecoin in March 2027, as part of efforts to modernise the country's financial infrastructure and strengthen supervision of digital payments. The proposed stablecoin would be backed by 100% of its value in bank deposits and redeemable within one business day, with initial issuance limited to around two entities.
The new stablecoin framework is currently under public consultation until 17 November 2026, with businesses seeking money-changing licences in 2027 required to apply under existing requirements during December.
Brief written by urgent.news from Thailand Business News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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- Thailand Business News — Morning Briefing thailand-business-news.com