Bank of Thailand Is Open to Discuss Libra, Concerned Over Security

Bank of Thailand Is Open to Discuss Libra, Concerned Over Security
imageCryptocurrency News7 hours ago (Jul 20, 2019 12:21PM ET)

Bank of Thailand Is Open to Discuss Libra, Concerned Over Security

Bank of Thailand governor Veerathai Santiprabhob said that the institution is open to discussing Facebook’s Libra stablecoin with the company, local media Xinhuanet reported on July 19.

Per the report, Santiprabhob made his remarks at the Bangkok FinTech Fair on July 19, pointing out that Facebook (NASDAQ:FB) had already contacted the central bank many times. He also noted that the institution had established a new team to study Libra’s whitepaper, but their analysis will take time. “We are not going to rush into a decision of Libra as yet,” Santiprabhob reportedly said, continuing to emphasize the importance of security:

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Bank of Thailand Is Open to Discuss Libra, Concerned Over Security

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