Thailand, which has banned the use of cryptocurrencies for payments, will restrict the role of commercial banks in the digital-assets business to protect them from unforeseen risks, a central bank official said.
The Bank of Thailand (BoT) on Wednesday said banks should limit their investment in digital assets businesses, including crypto exchanges, to 3% of their capital. Any investment made in the industry should be through units to shield the confidence of depositors and the banking system, it said.
