Aiming for development, the Bank of Thailand (BOT) plans to allow the nation’s first virtual banks to provide services by 2025 to boost competition and enhance the country’s overall economy. Yesterday, BOT announced that the ‘Consultation Paper on Virtual Bank Licensing Framework’ has been issued, allowing virtual banks to act as new financial service providers. The post Thailand Open Doors for Virtual Banks to Operate by 2025 appeared first on Coin Edition .