2020-7-17 13:29 |
Thailand's digital currency is backed by the central bank’s foreign currency reserves, which have grown by $25 billion over the past 12 months.
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Thailand’s central bank is continuing developments on the central bank digital currency (CBDC) project as the apex bank will test its CBDC for transactions among large businesses. Thailand’s CBDC Reaches Third-Stage Development According to a report by the Nation Thailand on Thursday (July 16, 2020), the Bank of Thailand (BOT) CBDC project is already atRead MoreRead More.
2020-7-17 20:07 | |
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Licensed bitcoin and crypto trading platform Zipmex, today announced its launch in Thailand with its official mobile app. The expansion comes after successful launches in Singapore, Indonesia, and Australia as the company continues to accelerate operations across Southeast Asia to fuel a rising demand for digital currency due to the recent regulation changes in the […] CryptoNinjas: Crypto exchange Zipmex expands to Thailand
2020-7-9 14:36 | |
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The Bank of Thailand (BOT) recently announced that it is developing a prototype payments system that would rely on a central bank digital currency (CBDC) to facilitate payments. This new project extends the BOT proofs-of-concept using Corda and Hyperledger.
2020-6-23 18:00 | |
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The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project.
2020-6-20 19:30 | |
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Thailand's Central Bank (BoT) has announced that it will roll out a prototype for digital currency payments within the country's business ecosystems. The initiative will be based on an ongoing CBDC project dubbed ‘Inthanon, ‘ which kicked off two years ago in collaboration with Thai's leading financial institutions.
2020-6-20 19:54 | |
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Thailand’s central bank in partnership with SCG — one of the country’s largest conglomerates — is set to run a pilot test for a central bank digital currency (CBDC). Thailand Moving Forward with Digital Currency Plans According to the Bangkok Post, SCG has signed a memorandum of understanding (MoU) with the Bank of Thailand (BOT),Read MoreRead More.
2020-6-20 17:07 | |
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In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […] The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News.
2020-1-23 07:55 | |
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According to an official joint press release from the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT), the two institutions are working on a blockchain that enables efficient transactions between banks in the two countries.
2020-1-23 20:45 | |
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WBS Bangkok saw the participation of 300+ regional and international blockchain and crypto experts who came together to assess Thailand’s blockchain ecosystem. Top speakers for the summit included Prinn Panitchpakdi, Deputy Leader & Head of Economic Team, Democrat Party; Mike David, Chief Fintech & Virtual Currency Officer, Spokesperson, (CEZA); Topp Jirayut Srupsrisopa, Co-Founder and Group […]
2019-12-7 15:53 | |
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WBS Bangkok saw the participation of 300+ regional and international blockchain and crypto experts who came together to assess Thailand’s blockchain ecosystem. Top speakers for the summit included Prinn Panitchpakdi, Deputy Leader & Head of Economic Team, Democrat Party; Mike David, Chief Fintech & Virtual Currency Officer, Spokesperson, (CEZA); Topp Jirayut Srupsrisopa, Co-Founder and Group […] The post Thailand Establishes Its Vision of Becoming the Next Blockchain Force at Trescon’s World Blockchain Summit appeared first on BeInCrypto.
2019-12-7 15:30 | |
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Digital currency has been a topic of interest since the industry began, but the concept of implementing national versions of these currencies is becoming more and more appealing. Hong Kong and Thailand have expressed interest in establishing their own digital currency as well, controlled by their central banks. According to reports from The Block, we […]
2019-11-8 02:24 | |
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The Thai Securities and Exchange Commission‘s (SEC), the financial watchdogs of the country have warned the citizens about a new form of investing scam. I this scam, a false entity who is pretending to be a regulated legal digital currency trading firm accosts traders into investing with it. Lt Co Woranan Silam who is a […]
2019-8-26 16:41 | |
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Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden.
2019-8-15 09:53 | |
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Thai Central Bank Has Created A Blockchain Solution To Digital Currency Project The Bank of Thailand, known as the central bank of the country, has recently decided to move ahead one of its most interesting blockchain projects, a digital currency that will be based on the blockchain technology. This new solution will be used in […]
2019-5-8 23:38 | |
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The First ICO In Thailand Suspends Fundraising, Shifts Attention On Liquidity Boost J Ventures launched Thailand's first initial coin offering. Since then, the firm has been conducting fundraising projects to develop DDLP system.
2019-5-7 22:15 | |
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Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies back home.
2019-5-8 21:00 | |
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The Bank of Thailand has moved ahead with its digital currency project lnthanon by building a blockchain-based prototype solution to settle inter-bank payments.
2019-5-7 15:00 | |
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Thailand’s Security and Exchange Commission (SEC) has banned Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum Classic (ETC) for use by Initial Coin Offerings (ICOs) in fundraising and as base pair on cryptocurrency exchange platforms.
2019-3-1 16:00 | |
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The BoT governor claims that the process of creating a central bank digital currency is too lengthy and complicated to allow the country to move from cash to digital currency within the coming 3-5 years.
2018-11-20 23:07 | |
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SuperRich International Exchange will become the first Thailand-based currency exchange to offer cryptocurrency exchange services for foreign currency if its plans are successful. Bangkok Post reported on Sept.
2018-10-4 15:29 | |
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Superrich International Exchange, a popular foreign currency exchange chain in Thailand, has reportedly revealed a plan to begin offering travelers cryptocurrency exchange service in addition to 32 fiat currencies.
2018-9-27 09:25 | |
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Bank Of Thailand To Launch R3-Based Digital Currency After partnering with multiple local financial institutions, the Bank of Thailand (BOT) has outlined its intentions to introduce its own cryptocurrency.
2018-8-27 19:57 | |
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The central bank of Thailand (Bank of Thailand (BOT)) is set to issue its own digital currency in conjunction with several local financial institutions. Acknowledging the major impact that technological changes have on financial services globally, the Bank of Thailand announced that it is working in collaboration with the country’s largest banks on a project […] Bank of Thailand All Set to Issue Own Digital Currency, Powered by R3 was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-8-26 16:30 | |
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Following the adoption of the country’s first cryptocurrency regulation, the central bank of Thailand is working on its own digital currency in collaboration with the country’s largest banks.
2018-8-24 02:45 | |
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The central Bank of Thailand (BoT) revealed on Wednesday plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the first such development in the South East Asian region.
2018-8-23 22:00 | |
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The Bank of Thailand’s is going to finish the first phase of its work on Central Bank Digital Currency (CBDC) early next year. The post Thailand’s CBDC: Pursue of Innovative Economy or a Try to Centralize Power? appeared first on CoinSpeaker.
2018-8-23 12:05 | |
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Thailand’s central bank will pilot a wholesale central bank digital currency (CBDC) based on a blockchain developed by R3.
2018-8-23 08:19 | |
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The BoT hopes the knowledge gained from developing the prototype will aid it in future blockchain-related endeavors.
2018-8-23 22:17 | |
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Bank Of Thailand Set To Launch A Digital Currency Based On R3 Tech The Bank of Thailand (BoT), country's central bank has declared that it is working on a project ‘Inthanon‘ that will devise and develop a proof-of-concept prototype for wholesale funds transfer by issuing a wholesale Central Bank Digital Currency (Wholesale CBDC). BoT is […]
2018-8-22 21:16 | |
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In an open statement published yesterday, the Bank of Thailand (BOT), the country’s central bank, announced that it has begun developing a wholesale central bank digital currency. The project is designed to address technological changes happening in the financial services industry by raising the Thai financial sector’s readiness for adopting new financial tech.
2018-8-23 20:59 | |
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Thailand could be the next country to unveil a central bank backed cryptocurrency following the footsteps of Venezuela, Tunisia, and Senegal. According to a Tuesday press release, the Central bank of Thailand is well on track to complete the first phase of a proof-of-concept trial for the new digital currency and hopes that this will […] The post A New Central Bank Digital Currency is Coming to Thailand appeared first on ZyCrypto.
2018-8-23 20:19 | |
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The Bank of Thailand (BOT) are the next central bank to weigh in on the cryptocurrency debate, and it looks to be good news this time. Sort of anyway. BOT want to develop a Central Bank Digital Currency (CBDC), a cryptocurrency that will be issued by the bank and regulated by the bank.
2018-8-22 17:30 | |
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Details have emerged of a new digital currency to be issued by the central bank of Thailand – it’s built on an open-source blockchain eerily reminiscent of Ripple, the popular banking ledger developed by Ripple Labs.
2018-8-22 17:00 | |
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The central bank of Thailand in cooperation with a group of financial institutions and banks will soon release a digital currency, which will be used in wholesale interbank operations. The platform the digital currency is built on is R3's Corda.
2018-8-23 15:09 | |
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The Bank of Thailand is developing its own digital currency, aiming to complete a first proof-of-concept by March 2019.
2018-8-22 12:00 | |
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Five virtual currency platforms and two digital asset dealers have applied for an operating license with Thailand’s watchdog.
2018-8-16 15:30 | |
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Around 50 prospective initial coin offerings have displayed interest in securing a licence from Thailand’s Securities and Exchange Commission. The news follows an approval of the licensing of digital currency businesses, which took effect last month.
2018-8-9 19:30 | |
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Cryptocurrency payments find a way for the entertainment industry as Major Cineplex in Thailand is adapting to the new age currency. As the largest chain of movie theaters, Major Cineplex is in the process of building a customized digital payment platform to accept cryptocurrency in Thailand.
2018-7-31 22:25 | |
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Bithumb to Establish Subsidiaries in Japan and Thailand Bithumb, one of the most prominent digital currency trading platforms in South Korea, is expanding operations into Japan and Thailand. As of now, Bithumb averages a daily trading volume of $360 million, making it the second largest exchange in South Korea. For some time now, the firm […]
2018-7-16 21:05 | |
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Thailand Takes Proactive Approach And Solves the Currency vs. Security Problem Thailand seems to be taking very seriously the cryptocurrency topic and how to properly regulate them. Around the world, there are several regulators that are trying to understand how to better control virtual currencies.
2018-7-3 22:58 | |
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In search of legislative balance, the country passed a new law which is putting an end to a long-standing debate. Currency or Security? Under the Digital Asset Business Decree, as the law is dubbed, regulators define two types of digital assets.
2018-7-3 07:01 | |
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Tether has announced the expansion of its USDT token to an eighth blockchain.
The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital currency trading products.
This is the second bitcoin ETF approved to trade in Canada.
Geely will own 80% of the venture while Concordium will own the rest.
Gates has previously criticized cryptocurrencies and said he'd short bitcoin "if there was an easy way to do it."
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe.
Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.
