Bank of Thailand Governor: Need to study Libra carefully, the central bank is scheduling meetings with Facebook and its partners

According to the Bangkok Post, Bank of China Governor Veerathai Santiprabhob eased the hostility of Facebook's digital currency plan, but said he still needs to carefully study the benefits and risks of virtual currency. He said the central bank is arranging a meeting with Facebook and its partners for the cryptocurrency Libra. Santiprabhob said that since the release of PromptPay more than two years ago, Thailand now has the lowest digital payment cost in the world. According to previous reports, Siritida Panomwan, Assistant Governor of Payment System Policy of the Bank of Thailand, said that Facebook had asked Libra to negotiate with the Thai financial authorities. Currently, the central bank has set up a task force to review Facebook's proposed currency, Libra.