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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Somkid confident of 4-4.2 percent growth rate for 2018

Deputy Prime Minister Somkid Jatusripitak is confident that Thailand’s economy for the year 2018 would grow between 4-4.2 percent, citing several economic indicators which have shown sign of improvements. In…

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