Thailand's central bank will prototype digital currency-based payment system for businesses

The central bank of Thailand says it will prototype a new payment system for businesses based on the digital currency system it is developing, called Project Inthanon.

The goals of the project will be to study the feasibility of the central bank digital currency (CBDC) system and to "develop a process to integrate CBDC" with Thailand's business platforms, the Bank of Thailand said in a press release

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