Blockchain for Banking Legal and IP News

Bank of Thailand opens DLT programmable payment testing in sandbox

programmable payments

Tomorrow the Bank of Thailand is inviting companies to apply to participate in its enhanced regulatory sandbox for DLT-based programmable payments. The application period lasts three months to September 13.

For applications to be considered for testing, it’s crucial that they align with the specified use cases. The following use cases are allowed:

Other use cases linked to the above may be in scope. However, the central bank is keen to avoid anything that appears risky, including staking for blockchains.

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