), formerly known as Siam (Thai: สยาม; rtgs: Sayam), is a country at the centre of the Indochinese peninsula in Mainland Southeast Asia. It is bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the southern extremity of Myanmar. Its maritime boundaries include Vietnam in the Gulf of Thailand to the southeast, and Indonesia and India on the Andaman Sea to the southwest.

Thailand is governed by the National Council for Peace and Order that took power in the May 2014 coup d'état.Its monarchy is headed by King Bhumibol Adulyadej, who has reigned since 1946 as Rama IX, as he is the ninth monarch of the Chakri Dynasty. He is currently the world's longest-serving head of state and the country's longest-reigning monarch; he has reigned for 69 years, 250 days.

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Latest News for: Thailand banks

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Why are some Countries Reluctant to Adopt Cryptocurrencies?

Business Day Online 27 Feb 2021
For instance, the Bank of Thailand has issued a financial statement in which it has asked several institutions not to engage with any Cryptocurrency ... Unlike China, Digital Ruble is used in Russia, Central Bank Digital Currency (CBDC) is used in Thailand, and Brazilian Real is used in Brazil as the best alternative of cryptocurrencies.
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Riot police crack down on protests in Myanmar city

Taipei Times 26 Feb 2021
Some passengers flashed a three-finger salute — a symbol of resistance borrowed from Thailand’s pro-democracy movement. Meanwhile, the World Bank halted payments to projects in the country, while Facebook banned the military. The bank has halted the payments on withdrawal requests ...
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Thailand's exports dip 0.3 percent in January

Sina 25 Feb 2021
25 (Xinhua) -- The value of Thailand's merchandise exports fell 0.3 percent year on year in January, data from the central bank showed ... one year earlier last month, in line with improving demand from trading partners, the Bank of Thailand said.
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SE Asia's biggest travel app plans regional fintech expansion before 2021 listing

Gulf Daily News 25 Feb 2021
Traveloka, Southeast Asia's largest online travel startup, plans to launch financial services in Thailand and Vietnam as it eyes a US listing through a blank-cheque company, its president said ... "We recently formed a joint venture with one of the largest banks in Thailand to collaborate in the fintech space," Indra said.
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Southeast Asia’s biggest travel app plans regional fintech expansion before 2021 listing

Metro USA 25 Feb 2021
SINGAPORE (Reuters) – Traveloka, Southeast Asia’s largest online travel startup, plans to launch financial services in Thailand and Vietnam as it eyes a U.S ... “We recently formed a joint venture with one of the largest banks in Thailand to collaborate in the fintech space,” Indra said.
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Asian digital currency gets PBOC support

China.dot.org 25 Feb 2021
The other three founders are the Hong Kong Monetary Authority, the Bank of Thailand and the Central Bank of the United Arab Emirates ... Before the project, the HKMA and the Bank of Thailand conducted a joint research project named "Project Inthanon-LionRock" in the fourth ...
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The Digital Currency Research Institute of the People's Bank of China Joins m-CBDC Bridge Project

ChainDD 25 Feb 2021
[ChainDD report] February 25 (ChainDD) The Hong Kong Monetary Authority, the Central Bank of Thailand, the Central Bank of the United Arab Emirates and the Digital Currency Research Institute of the people's Bank of China announced that they jointly launched ...
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China, Thailand, UAE team up to test cross-border crypto-payments

The Register 25 Feb 2021
Just the sort of thing you’d do if you want your national ...
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CX Daily: The Brutal Human Cost of Pinduoduo’s Breakneck Expansion

Caixin Online 25 Feb 2021
The digital currency research institute of the People’s Bank of China (PBOC) joined an international research project for cross-border payments using central bank digital currencies (CBDCs), according to a Tuesday announcement by the Hong Kong Monetary Authority (HKMA), which jointly initiated the program with the Bank of Thailand in 2019.
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HKMA and BOT partner with PBoC and UAE’s Central Bank to develop an m-CBDC

Invezz 24 Feb 2021
The Hong Kong Monetary Authority (HKMA) and the Bank of Thailand, have joined hands with UAE’s Central Bank (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBoC) in a FinTech deal ... Reportedly, this project has the support of the Bank for International Settlements Innovation Hub Centre in Hong Kong.
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China is jointly exploring a cross-border digital currency project

Cryptopolitan 24 Feb 2021
This multilateral CBCD project with PBOC’s digital currency institute precisely includes the central banks of Hong Kong, Thailand, and the United Arab Emirates (UAE) ... Reportedly, the cross-border digital currency project named “m-CBDC Bridge” was and will be headed by the central bank of Thailand and Hong Kong.
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