A local press has reported that The Bank of Thailand (BoT) has announced that the local banks are permitted to deal with cryptocurrencies by establishing subsidiaries. The Thai banks can issue their own digital tokens, cryptocurrency brokerage services, and make investments through subsidiaries. The focus is to foster ‘financial innovation.’
BusinessFinancial Institutions
IncryptsAug 06, 20180
Thailand Allows Banks Open Subsidiaries to Deal with Crypto

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