Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Cryptocurrency»Finance Ministry confirms 10,000 baht digital currency distribution
    Cryptocurrency

    Finance Ministry confirms 10,000 baht digital currency distribution

    April 23, 20252 Mins Read


    The Finance Ministry has confirmed the distribution of 10,000 baht in digital currency for phase three during the second quarter. The application is ready, with only integration with banks remaining. The release date for phase four has also been announced.

    Deputy Finance Minister Chulapan Amornvivat yesterday, April 22, stated that the ministry remains committed to its schedule for the economic stimulus project, which involves distributing 10,000 baht (US$300) through digital wallets.

    This phase targets eligible people between 16 and 20 years old and is set to proceed with money transfers within the second quarter of 2025. The digital wallet system on the government app is ready, pending integration with banking systems.

    “The banking sector needs to develop systems to integrate with the government app’s digital wallet. Integration times vary among banks, and the government aims to avoid launching phase three with only a few banks connected, which would be incomplete. We need full readiness before proceeding,” explained Chulapan.

    Progress is being made as digital wallet service platforms have already integrated their systems, being equipped to manage immediately. It is anticipated that all major Thai banks will complete the integration before the end of the second quarter.

    Chulapan further noted that the digital wallet project for phase four, targeting people between 21 and 59 years old, is also on track to distribute funds within the third quarter, adhering to the original timeline, reported KhaoSod.

    The government must utilise the budget for the digital wallet project by September 2025. Once phase three is completed and the digital wallet system is secure and functioning properly, phase four will commence promptly.

    In similar news, the latest update on Thailand’s economic stimulus programme confirms that people without smartphones will still be able to register for the 10,000 baht digital money scheme.

    Deputy Prime Minister and Finance Minister Pichai Chunhavachira announced that the Ministry of Finance has been assigned to establish an appropriate registration process and timeframe to accommodate these citizens.

    Latest Thailand News
    Home/News/Thailand News/Finance Ministry confirms 10,000 baht digital currency distribution

    Economy NewsFinanceThailand News





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    1 Standout Cryptocurrency to Buy Before It Rockets 1,900% Higher by 2030, According to Cathie Wood’s Ark Invest

    Cryptocurrency

    The White House to release the ‘Bible’ of cryptocurrency?

    Cryptocurrency

    Cryptocurrency Live News & Updates : Shiba Inu Faces $100M Open Interest Decline

    Cryptocurrency

    Cryptocurrency Live News & Updates : Dow Jones Gains as Fed Holds Rates Steady

    Cryptocurrency

    XRP price could rebound toward $3.66 record high ahead US crypto policy report

    Cryptocurrency

    Cryptocurrency worth ₹378.9 cr. stolen from Bengaluru-based firm; employee arrested

    Cryptocurrency
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    Purpose Investments Inc. annonce des versements liés à la résiliation du Fonds d’occasions liées à la marijuana purpose

    Commodities

    Agriculture secretary says there will be ‘no amnesty’ for migrants, adults on Medicaid can replace them in workforce – CNN

    Property

    Coaching in the New Real Estate World — RISMedia

    Editors Picks

    The copper tradeoff: Protecting today’s lands versus preserving tomorrow’s climate

    August 27, 2024

    9 Highest Dividend-Paying Stocks in the S&P 500

    May 22, 2025

    Pi Network forms prerequisite for digital currency development in Vietnam

    February 25, 2025

    UK property insurers paid £1.6bn in claims during Q2 driven by adverse weather: ABI

    July 30, 2025
    What's Hot

    Know Labs vendra sa participation majoritaire à l’investisseur fintech Greg Kidd

    June 6, 2025

    dtcpay Launches the Digital Treasures Card for Frictionless Stablecoin-to-Fiat Spend

    February 24, 2025

    A Model for Municipalities Across Connecticut

    October 20, 2024
    Our Picks

    En 2024, il s’est vendu chaque mois 135 biens à plus d’un million d’euros

    June 17, 2025

    KEFI reporte à 2027 la mise en production de la mine d’or Tulu Kapi

    June 7, 2025

    même les actionnaires appellent à la manifestation

    March 13, 2025
    Weekly Top

    Astonishing number of gold medals trans athletes have ‘stolen’ from biological women revealed in new report

    July 30, 2025

    Original lead singer of iconic metal band dies at 69

    July 30, 2025

    Fintech Know-How Helps China’s Top Private Banks Pull Ahead of the Pack

    July 30, 2025
    Editor's Pick

    Commodity prices a clue – The Economic Times

    August 13, 2024

    US Stock Market: S&P 500 slips below 6,000, Dow barely in green; Nike, Apple rise; Walmart, NVIDIA fall

    February 24, 2025

    10 Best Dividend Stocks for a Bear Market

    June 20, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.