Fintech News Singapore

Bank of Thailand Suspends New Money Changer Licenses for 2027

The Bank of Thailand (BOT) will temporarily suspend new money changer license applications in 2027 while it raises standards for existing licensed operators to prevent them from facilitating illegal activities. Pimpan Charoenkwan, Assistant Governor of the Financial Markets Group at the BOT, said the revised framework will introduce risk-based standards for money changers. The move [...] The post Bank of Thailand Suspends New Money Changer Licenses for 2027 appeared first on Fintech Singapore.

By Fintech News Singapore

1 min read
Bank of Thailand Suspends New Money Changer Licenses for 2027
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