And another article:

> The Bank of Thailand (BOT), as well as the SEC, “see the benefits of various technologies behind digital assets such as blockchain and emphasize and support the use of technology to further innovation and does not block the use of digital assets for investment.”

> Commercial banks might also become subject to a 3% investment cap, where only 3% of their investable capital can be allocated to digital assets

https://bitcoinmagazine.com/markets/thailand-announces-medium-of-payment-ban-for-bitcoin-and-crypto

cryptocoin

247bf84fda

Another article written on this development:

The new rules won’t affect trading or investment in cryptocurrencies.

The country plans to test its retail CBDC later this year as an alternative payment option for the public.

Thailand bans use of crypto for payments — but not trading and investing

https://www.theblockcrypto.com/linked/138910/thailand-bans-use-of-crypto-for-payments-but-not-trading-and-investing

bitcoin

Thailand's Cryptocurrency Rollercoaster Continues | The BTC Times

Another article written on this development:

> [Effective] April 1.

> The new rules won’t affect trading or investment in cryptocurrencies.

>  The country plans to test its retail CBDC later this year as an alternative payment option for the public.

*Thailand bans use of crypto for payments — but not trading and investing*
https://www.theblockcrypto.com/linked/138910/thailand-bans-use-of-crypto-for-payments-but-not-trading-and-investing