Bank of Thailand to allow first virtual banks by 2025
Bank of Thailand (BOT) has disclosed plans to allow virtual banks to operate in the country for the first time. ...
Virtual Currencies refer to digital money that exists only in the digital world, often backed by decentralized networks of computers. This form of currency has become increasingly popular in recent years, with many different types of virtual currency being traded, such as Bitcoin, Ethereum, Ripple, and Litecoin. Virtual currencies provide an alternative to traditional fiat currencies and offer users the ability to make secure, fast, and low-cost transactions worldwide.
Bank of Thailand (BOT) has disclosed plans to allow virtual banks to operate in the country for the first time. ...
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