The retail central bank digital currency (retail CBDC) is aimed at providing access to convenient and secure financial services, Vachira Arromdee told a briefing.
"It will not affect the Thai financial system," she added.
The Bank of Thailand is seeking public opinions by June before developing the digital currency, she said. (https://bit.ly/3fwELEt)
A retail CBDC is a digital form of money issued by a central bank comparable to physical banknotes. It can be used in financial transactions both online and offline.
(Reporting by Kitiphong Thaichareon; Writing by Orathai Sriring; Editing by Martin Petty)