Central Bank Studies Facebook’s Libra

Facebook's Libra currency

Facebook's Libra currency. Photo: geralt / Pixabay.

BANGKOK, July 5 (TNA) – The Bank of Thailand or BoT forms a committee to study the Libra digital currency of Facebook and is discussing the issue with concerned parties.

Siritida Panomwon Na Ayudhya, BoT assistant governor for payment systems policy and financial technology, said BoT understood Facebook’s intention to facilitate worldwide payments and provide global population with easy and cheap access to financial services and transactions.

Full story: tna.mcot.net


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