Thailand's central bank plans stablescoins regulations this year

* Will regulate only asset-backed stablecoins, not Bitcoin * Services using baht-backed stablecoins need cenbank approval * Cenbank developing retail c.bank digital currency

BANGKOK, March 19 (Reuters): Thailand's central bank expects to issue regulations on asset-backed stablecoins this year, an assistant governor has announced, after warning against use of a new baht-denominated stablecoin that was created abroad.

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Thailand , Central Bank , Will Regulate , Asset-backed , Stablecoins

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