Category: Thai Baht

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Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected

April 8, 2023

A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a minister within the prime minister’s office in Thailand is concerned and has explained that the…
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Thailand’s central bank warns against ‘illegal’ THT stablecoin

March 18, 2021

The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers. The Bank of Thailand has issued a stern warning against a privately issued stablecoin pegged to the national currency, the Thai Baht. According to a Bangkok Post report on March 18, the central bank has told citizens that Thai Baht Digital (THT)…
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