Thailand's central bank plans stablescoins regulations this year

Thailand
Sunday, 21 Mar 2021
6:50 PM MYT

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* Will regulate only asset-backed stablecoins, not Bitcoin * Services using baht-backed stablecoins need cenbank approval * Cenbank developing retail c.bank digital currency

BANGKOK, March 19 (Reuters): Thailand's central bank expects to issue regulations on asset-backed stablecoins this year, an assistant governor has announced, after warning against use of a new baht-denominated stablecoin that was created abroad.

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Tags / Keywords: Thailand , Central Bank , Will Regulate , Asset-backed , Stablecoins

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-PWD1	0.185	0.220	0.185	0.220	0.045	25.71	2,472,364
HSI-CWEO	0.155	0.160	0.140	0.145	-0.025	-14.71	1,916,923
HSI-CWEJ	0.185	0.185	0.155	0.155	-0.045	-22.50	1,270,463
HSI-PWFM	0.130	0.145	0.130	0.145	-0.005	-3.33	1,195,500
HSI-CWCY	0.180	0.190	0.150	0.155	-0.055	-26.19	1,009,419
HSI-PWFJ	0.195	0.215	0.190	0.210	0.030	16.67	855,172
HSI-PWD7	0.210	0.250	0.210	0.250	0.050	25.00	766,414
XIAOMI-C36	0.230	0.230	0.215	0.215	-0.040	-15.69	544,700
YTL-C1F	0.035	0.040	0.035	0.035	0.005	16.67	475,487
EAH	0.005	0.005	0.005	0.005	0.000	0.00	465,288
HSI-CWED	0.120	0.120	0.095	0.100	-0.030	-23.08	464,282
HSI-CWCM	0.190	0.195	0.140	0.145	-0.070	-32.56	447,400
DENGKIL	0.250	0.250	0.225	0.230	-0.020	-8.00	389,559
SG	0.010	0.010	0.005	0.010	-0.005	-33.33	388,749
BORNOIL	0.010	0.010	0.005	0.010	0.000	0.00	388,095

Thailand's central bank plans stablescoins regulations this year