May 15, 2019
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Thai, HK Central Banks Sign Fintech Deal for CBDC

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Thai, HK Central Banks Sign Fintech Deal for CBDC

The central banks of Thailand and Hong Kong have signed an agreement for cooperation in the field of financial technology (fintech), including on a joint research project to develop a central bank digital currency (CBDC).

In the article by Regulation Asia, the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BoT) are to collaborate on the referral of innovative businesses information and experience sharing, and joint innovation projects.

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