# Phase 3 of Digital Currency Project Scheduled for Completion by March

- Link: https://www.thailand-business-news.com/banking/188830-phase-3-of-digital-currency-project-scheduled-for-completion-by-march
- Published: 2025-01-24T09:11:00+07:00
- Author: Abhishek Prakash

Deputy Finance Minister Julapun Amornvivat confirmed that Phase 3 of the digital
money system remains on track for completion by March 2025.

## Key Takeways

 * Deputy Finance Minister Julapun Amornvivat announced that Phase 3 of the digital
   money system remains on schedule for completion by March 2025, with senior citizen
   payments planned for January 29. The Digital Government Development Agency is
   considering a sandbox approach to ensure smooth functionality, with a full rollout
   in Q2 2025.
 * The three-number lottery, or N3 lottery, has seen limited public interest since
   launching. Currently undergoing sandbox testing until April, the system has restricted
   distribution channels. The government will conduct a thorough review to determine
   if the N3 lottery can complement existing lotteries and preserve the state lottery’s
   market share.
 * Both the digital money system and the N3 lottery are under strict observation.
   Future decisions will rely on ongoing evaluations and public feedback, as assured
   by Julapun. Testing for the digital money system is scheduled to begin in early
   2025, with additional beneficiary groups set to be included gradually.

Payments to senior citizens will begin on January 29 as planned. Julapun mentioned
that the system is presently in development, with testing anticipated in February
or March. The Digital Government Development Agency (DGA) is managing this phase
and is contemplating a sandbox approach to ensure flawless operation.

### Related**Posts**

###  󠀁[USD to THB Exchange Rate Today: Thai Baht Moves with Global Market Trends](https://www.thailand-business-news.com/banking/331689-usd-to-thb-exchange-rate-today-thai-baht-moves-with-global-market-trends)󠁿

###  󠀁[Bank of Thailand Unveils Framework to Shield Financial Sector from Illicit Activities](https://www.thailand-business-news.com/banking/328409-bank-of-thailand-unveils-framework-to-shield-financial-sector-from-illicit-activities)󠁿

###  󠀁[Tokenised Deposits vs Stablecoins: Why Thailand’s Cautious Path Differs from Hong Kong and Singapore](https://www.thailand-business-news.com/banking/321239-tokenised-deposits-vs-stablecoins-why-thailands-cautious-path-differs-from-hong-kong-and-singapore)󠁿

###  󠀁[Thai PM Heads Abroad to Boost Trade and Investment](https://www.thailand-business-news.com/investment/329519-thai-pm-heads-abroad-to-boost-trade-and-investment)󠁿

ADVERTISEMENT

The complete rollout is anticipated in Q2 2025, with more beneficiary groups to 
be added over time. Regarding the N3 lottery, Julapun noted that public interest
has been limited since its introduction. Currently in a sandbox testing phase until
April, the N3 lottery has restricted distribution channels and is under evaluation.
The government aims to determine if the N3 lottery could replace underground and
traditional lotteries without impacting the state lottery’s market share. Ongoing
evaluations and public feedback will guide future decisions.

[Read More](https://thainews.prd.go.th/thainews/news/view/826218/?bid=1)