Thailand

Thailand’s KBank Weighs $1 Billion Acquisition of Home Credit Vietnam

Thailand’s KBank Weighs $1 Billion Acquisition of Home Credit Vietnam
Thailand’s KBank Weighs $1 Billion Acquisition of Home Credit Vietnam
August 22, 2023  |  Partnerships

Thai bank Kasikornbank is reportedly in talks to purchase consumer finance company Home Credit Vietnam. That’s according to a report by Reuters, citing two sources who say the...

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IFC and Thai Credit Partner to Help Small Businesses
IFC and Thai Credit Partner to Help Small Businesses
July 05, 2023  |  Partnerships

International Finance Corporation (IFC) and Thai Credit Retail Bank have partnered to help small businesses in Thailand. As a global development institution that is a member of...

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Thailand Begins Pilot Retail CBDC Project
Thailand Begins Pilot Retail CBDC Project
June 13, 2023  |  CBDC

Thailand’s central bank has launched a pilot retail central bank digital currency (CBDC) project. According to a Monday (June 12) Bangkok Post report, the Bank of...

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PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
March 01, 2023  |  Cross-border Payments

Southeast Asia has become a tempting area of expansion for international corporates due to its high level of digital payments penetration, with a recent study indicating that...

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BIS Sees Cross-Border CBDC Payments as Realistic and Achievable Goal 
BIS Sees Cross-Border CBDC Payments as Realistic and Achievable Goal 
October 31, 2022  |  CBDC

A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week,...

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A Primer on Asia-Pacific Stablecoin Regulations
A Primer on Asia-Pacific Stablecoin Regulations
August 24, 2022  |  Cryptocurrency

Stablecoin regulations vary widely in the Asia-Pacific region, ranging from Japan’s requirement that they get issued by banks to Thailand’s outright ban on crypto payments...

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Thailand Moves CBDC Study to Pilot Stage Without Plans for Issuance 
Thailand Moves CBDC Study to Pilot Stage Without Plans for Issuance 
August 05, 2022  |  Cryptocurrency

The Bank Of Thailand (BOK) is moving its retail central bank digital currency (CBDC) study to the pilot phase but said it has no plans...

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Thai Crypto Exchange Zipmex Seeks Bankruptcy Protection
Thai Crypto Exchange Zipmex Seeks Bankruptcy Protection
July 28, 2022  |  Cryptocurrency

Zipmex is seeking bankruptcy protection in Singapore, the Thailand-based cryptocurrency exchange said Wednesday (July 27). “This helps protect Zipmex against third-party actions, claims, and proceedings...

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