A person uses a cell phone to pay with Bitcoins during the Latin Bitcoin conference (LABITCONF) in San Salvador, on November 18, 2021. (Photo by Sthanly ESTRADA / AFP)

Bank subsidiaries’ investments in digital assets to be capped at 3% of capital

The Bank of Thailand (BoT) is to issue a new regulation to limit investment in digital assets by business units of commercial banks to no more than 3% of their…

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Thai banks assure systems are in place to protect against cyber scams

Commercial banks in Thailand have put in place measures to protect their credit and debit card holders from cyber fraudsters who, between October 1st and 17th, stole about 130 million…

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