Vijak Sethaput, senior developer for the Central Bank of Thailand (BoT) central financial institution digital currency task Inthanon, mentioned the country’s CBDC progress in an interview performed by the Central Bank of Thailand. organized by a worldwide assume tank on central banking, the Forum of Official Monetary and Financial Institutions, on August 13.
Sethaput mentioned that the central financial institution is monitoring latest developments in the DeFi business, nonetheless, prior to trying to apply the new technologies to Thailand’s nationwide cryptocurrency, the central financial institution have to handle two concerns. about DeFi – it can be buyer identity and privacy.