Thailand’s Stablecoin Push Signals Next Phase of Digital Asset Strategy as Central Bank Prepares Baht-Pegged Framework

TL,DR Thailand plans a 1:1 baht-backed stablecoin. Sandbox trials helped shape the new framework. Authorities strengthen foreign exchange enforcement. Thailand expands its regulated digital asset ecosystem. Thailand is preparing to introduce a regulatory framework for a privately issued stablecoin, currently at the core of global crypto regulation, backed one-to-one by the Thai baht, marking another [...]

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