Investing in digital currency may be dangerous, warns Bank of Thailand

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He added that the central bank will play a key role in supporting the following changes in the future:

• More Open Data: Utilising data, which is considered a fifth important source, effectively.

• More Open Competition: Allowing new competitors, such as non-banking institutions, to compete in the financial market while enhancing banks’ potential in the competition.

• More Infrastructure: Building infrastructure, such as the Central Web Service (CWS) and Digital Factoring Ecosystem, to support competition as well as develop services and innovations.