2021-12-17 13:20 |
“Cryptocurrencies cannot become a means of payment,” Bank of Thailand governor Sethaput Suthiwartnarueput stated.
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The proposed TAT Coin will enable tourism operators to cash in on the popularity of cryptocurrencies.
2021-9-29 08:26 | |
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Investors from the US, Vietnam, Thailand, China and the UK dominate the decentralized finance market. The more familiar investors are with trading and cryptocurrencies, the more often they turn to DeFi.
2021-8-27 18:19 | |
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Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its stance on crypto and warns of the risks of using them as a means of payment.
2021-7-11 02:30 | |
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Cyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out.
2021-6-15 22:30 | |
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The Thai Securities and Exchange Commission (SEC) has enacted new rules for cryptocurrency exchanges operating in the country. Certain types of cryptocurrencies, including meme coins, fan coins, and non-fungible tokens (NFTs), are prohibited to trade on crypto exchanges.
2021-6-12 14:30 | |
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The Securities and Exchange Commission (SEC) of Thailand has announced that it may require decentralized finance (DeFi) projects that issue cryptocurrencies to obtain corresponding licenses in the future, Bangkok Post reported today.
2021-6-2 13:19 | |
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The growth of cryptocurrencies over the past couple of years has pushed many countries towards stricter regulations, while some have moved to ban the asset class altogether. Thailand is one of the forThe post Thailand's central bank planning to regulate stablecoins this year appeared first on AMBCrypto.
2021-3-19 18:30 | |
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In the first pilot project in Thailand’s entertainment scene demonstrating virtual currencies’ potential, Major Cineplex Group is collaborating with Zippex and RapidZ. Clients can now buy movie tickets using Bitcoin and digital cryptocurrencies, adapting to the “new normal lifestyle,” local news outlet Siam Rath on March 5 reports.
2021-3-6 22:00 | |
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The Thai financial regulator is keen on establishing qualification criteria for retail crypto investors. Flood of Crypto Investors According to a report published by the Bangkok Post on February 14, the Thai Securities and Exchange Commission (SEC) is set to conduct a public hearing this month to determine qualifications for retail investors planning on openingRead More
2021-2-16 14:00 | |
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Thailand’s Securities and Exchange Commission (SEC) has scheduled a public hearing this month to set specific qualifications for locals who want to invest in cryptocurrencies. These qualificatiThe post SEC of Thailand sets hearing to address qualifications for crypto investors appeared first on AMBCrypto.
2021-2-16 01:00 | |
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Thailand’s stock exchange is preparing to launch a new trading platform that would not include cryptocurrencies. Crypto Exempted From SET’s Planned Trading Platform According to the Bangkok Post on Wednesday (Jan.
2021-1-21 02:00 | |
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Thailand’s stock exchange ‘SET’ is planning to roll out a digital asset trading platform but says the platform will not include cryptocurrencies. According to the SET, crypto assets will not be listed in the stock exchange because such assets could facilitate money laundering and did not meet its product qualifications.
2021-1-20 14:37 | |
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Thailand’s stock exchange doesn’t want cryptocurrencies included on its new digital asset trading platform.
2021-1-21 07:16 | |
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Huobi Thailand, a localized digital asset exchange powered by the Huobi Cloud platform, recently announced its official launch. Licensed by Thailand’s Ministry of Finance, Huobi Thailand provides locals with a safe, fully compliant trading platform for the world’s most popular cryptocurrencies and stablecoins.
2020-3-7 19:40 | |
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Some major regulatory developments in the crypto space have transpired this week. Not only has Germany passed a bill allowing banks to sell and store cryptocurrencies, but South Korea and Thailand are also amending their laws to better regulate the crypto industry.
2019-12-3 16:40 | |
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Thailand has come a long way in accepting the crypto market. After the initial idea to ban cryptocurrencies back in 2013, the country has now seen the launch of the first legal Initial Coin Offering (ICO) platform.
2019-10-25 02:56 | |
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There are now more than 2,000 cryptocurrencies and hundreds of digital wallet service providers. While most online wallets work in similar ways, we recently asked the developer of Coin Wallet about the different features that their wallet offers and how it is able to support a large number of digital tokens. Bitcoin Exchange Guide: You've […]
2019-10-15 23:17 | |
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In an effort to curb illegal use of bitcoin and other blockchain-based cryptocurrencies, and make it easier for law enforcement agents to recognize and fight crypto-fueled crimes, the Indonesian government is hosting an international conference made up of Turkey, Singapore, Australia, Malaysia, Thailand, Russia and Hong Kong, according to reports on October 2, 2019.
2019-10-3 01:00 | |
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Real life payments have been the number one use-case of cryptocurrencies. Yet, a decade after Bitcoin’s genesis, it’s still a long way to mass adoption on both sides of the scenario, for the customers and merchants.
2019-7-23 07:36 | |
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The nascent field of cryptocurrencies has been seeking major mainstream adoption, especially from financial institutions. Ripple, the native company of the third largest cryptocurrency, managed to promote its services and would provide payment services to the oldest Thai bank, Siam Commercial Bank [SCB].
2019-5-23 16:30 | |
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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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Thailand was one of the nations to initially impose a ban on the use of cryptocurrencies, before permitting it with regulations in place. The Thai Securities and Exchange Commission [SEC] clarified that crypto-exchanges must seek approval from Thailand’s SEC and also provided an approved list of cryptocurrencies for the crypto-community.
2019-4-27 06:30 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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On February 28, 2019, Thailand’s financial watchdog, the Securities and Exchange Commission (SEC), updated the list of cryptocurrencies which can be used for initial coin offering (ICO). The list now comprises of a total of four digital currencies – bitcoin (BTC), ether (ETH), XRP, and stellar lumens (XLM).
2019-3-2 22:00 | |
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Thailand’s Securities and Exchange Commission banned bitcoin cash (BCH), Litecoin (LTC), and Ethereum Classic (ETC) from eligibility for initial coin offerings, investments, and base trading pairs against other cryptocurrencies traded on digital asset exchanges.
2019-3-2 18:01 | |
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The Thailand Securities and Exchange Commission has issued an abbridged list of digital currencies that are deemed compliant with the nation’s legal framework, to be used as base trading pairs and for ICO fundraising.
2019-3-1 16:34 | |
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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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Thailand’s financial markets regulator has barred several cryptos from being used to invest in ICOs and as a base in trading pairs.
2019-3-1 13:15 | |
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The Thai Securities and Exchange Commission (SEC) has announced a list of four approved cryptocurrencies for use as base trading pairs in the country. The regulator reportedly took into account factors such as sufficient market liquidity and a well-designed decentralized system.
2019-3-1 11:03 | |
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A virtual bitcoin mining farm in Thailand has allegedly scammed users out of 42 million baht (approximately $1. 35 million), according to a report in the Bangkok Post. 30 victims have filed a complaint against the company, CryptoMining.
2019-2-19 13:41 | |
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A cinema in the city of Florianopolis has reportedly become the very first one in the country to allow its customers to buy movie tickets using Bitcoin. Going to The Movies With Bitcoin In 2018, Bitcoinist reported that Major Cineplex Group – the largest movie theater chain in Thailand, was set to start accepting cryptocurrencies as a means of payment for a broad range of services such as the purchase of movie tickets and even popcorn.
2019-2-5 02:00 | |
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Divisions are forming across Asia with regards to cryptocurrencies. Some nations such as China are constantly stomping on anything to do with crypto assets but others, Thailand being the latest, are opening their digital doors to the fledgling industry.
2019-1-9 12:00 | |
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Thailand’s Securities and Exchange Commission (SEC) has warned the public against 14 websites whose operators have been soliciting customers to buy and sell cryptocurrencies and related products. The regulator says these operators are not authorized to conduct crypto business in the country.
2018-11-26 05:30 | |
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Thailand’s Securities and Exchange Commission (SEC) has warned the public against 14 websites whose operators have been soliciting customers to buy and sell cryptocurrencies and related products. The regulator says these operators are not authorized to conduct crypto business in the country.
2018-11-26 05:30 | |
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South Korea’s lawyers have lobbied the government to establish a better legal framework around blockchain that would help develop the industry and protect investors. More regulation was also urged in Thailand, where on November 7, 2018, the Deputy Prime Minister has called for more measures to control cryptocurrencies and prevent them from being used to fund terrorism.
2018-11-9 00:00 | |
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Thailand’s Securities and Exchange Commission (SEC) has forbidden the general public from investing in nine unregistered initial coin offerings (ICOs) and cryptocurrencies. The companies in question failed to duly register their business, despite the introduction of a framework to facilitate cryptocurrency investing, reported Bangkok Post on October 27, 2018.
2018-10-29 14:00 | |
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Since the beginning of the year Thailand has slowly warmed to cryptocurrencies. Initially the government intended to impose crippling taxes on buying and trading them, and ban ICOs which would have been the end of the nascent industry in the Kingdom.
2018-10-29 07:55 | |
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Law and order dominates. Inevitably for policy makers, they are now drafting laws after realizing Bitcoin and cryptocurrencies are here to stay. Regulators in Japan, South Korea and Thailand were the first to pick up early signals but now, the wave is sweeping across Europe.
2018-10-9 06:00 | |
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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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Thailand’s institutional advisors, the Institute of Justice (TIJ and the UN Office of Drugs and Crime (UNODC) predict continued misuse of cryptocurrencies by people to engage in a variety of crimes, in the coming days.
2018-9-5 23:58 | |
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Criminal activity involving cryptocurrencies in the country of Thailand remains low, but it is expected to soar. This is according to a recent study that has highlighted the rise in illegal, transnational organized crime activities in the Southeast Asian country.
2018-9-1 07:00 | |
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In the high-profile Thai crypto fraud case involving an actor, Thailand’s central bank has clarified that the fraud is not related to cryptocurrency trading, but a general misuse of money. Thailand has recently legalized seven cryptocurrencies, authorized seven crypto firms, and the Bank of Thailand has green-lighted commercial banks’ subsidiaries for crypto activities.
2018-8-21 14:02 | |
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Philippines, South Korea, and Thailand ease regulations to lure fintech investment as southeast Asia. In August 2018, The Cagayan Special Economic Zone and Freeport in the Northern Philippines were launched with a $100 million blockchain hub, with the hopes of becoming the “Crypto Valley of Asia.
2018-8-21 14:00 | |
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Nations across Asia have been pretty mixed with their approach to cryptocurrencies. Governments tend to be more autocratic where the notion of free trade, decentralization, and power to the people is abhorrent to many of them.
2018-8-16 16:48 | |
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Soon after Thailand adopted its regulations for cryptocurrencies and initial coin offerings (ICOs), companies reportedly pile up to apply for licenses to operate in the country. According to the Thai Securities and Exchange Commission, about 50 ICO projects are seeking to launch, five portals plan to open for business and 20 crypto exchanges have applied […] The post Crypto Friendly Policies Rapidly Drawing Companies to Thailand appeared first on Bitcoin News.
2018-8-10 08:25 | |
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Bank of Thailand has permitted banks to set up branches for dealing with cryptocurrencies, while the main crypto-dealings ban still remains
2018-8-4 19:19 | |
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Major Cineplex Group, the largest movie theater chain in Thailand, is set to begin accepting cryptocurrencies as a means of payment for different services — like the purchase of movie tickets and popcorn.
2018-8-2 03:00 | |
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Recently, Thailand’s Major Cineplex Group, the largest operator of movie theaters, announced its integration with cryptocurrency payments using Rapidzpay mobile apps. This will enable its customers to pay via cryptocurrency for the services and products.
2018-8-1 04:36 | |
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The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.
NITDA chief Kashifu Inuwa Abdullahi said it’s crucial to take proactive measures to harness AI benefits and mitigate threats.
The answer again is regulation, although this time the suggested regulation looks a lot like central bank co-option.
The answer again is regulation, although this time, the suggested regulation looks a lot like central bank co-option.
The Australian Central Bank and the Digital Finance Cooperative Research Centre have released a report on the use cases for CBDCs in the country
Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia.