1 / 3 Relevant items tagged with #Thailand

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China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals

[Sep 11 3:30 AM] China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese…

Thailand’s Mahidol University Partners With Tether to Integrate Blockchain and Stablecoin Education

[Sep 4 8:20 PM] Tether and Mahidol University International College (MUIC), a prestigious institution in Thailand known for its diverse and international academic programs, have signed a Memorandum of Understanding (MOU) to integrate stablecoin, blockchain, and…

An Untold Story of Bitcoin in Thailand

[Aug 27 4:20 PM] In the rapidly expanding global Bitcoin community, Western biases often dominate the narrative, overlooking diverse stories from around the world. One such story belongs to Didier Somnuke, a small business owner in the heart of Bangkok, a city…

Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam

[Aug 27 9:30 AM] Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over a massive cryptocurrency scam amounting to more than 100 billion yuan (US$14 billion). This marks the first extradition under the Thailand-China treaty…

Thailand's PM Removed, But Crypto Policies Likely to Remain 'Largely' Unaffected in Political Uncertainty

[Aug 14 1:06 PM] Thailand Prime Minister Srettha Thavisin's shock removal from office by a court on Wednesday may not impact crypto rules in the nation, even if some policy implementations may be affected, experts told CoinDesk.

Thai SEC Launches Digital Asset Regulatory Sandbox

[Aug 13 1:16 AM] The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by…

Thailand launches regulatory sandbox to test crypto services

[Aug 9 12:08 PM] Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more.

Thailand distributing digital money to 45M citizens to boost economy

[Jul 24 10:11 AM] The controversial plan began as a campaign promise and will help lower-income Thais buy more.

FBI Seizes $2.5M in Crypto From Thailand-Based Pig Butchering Scam Targeting Americans

[Jul 18 5:30 PM] The U.S. Attorney’s Office has launched a civil forfeiture action to reclaim cryptocurrency seized by the FBI from international fraudsters involved in “pig butchering” schemes. This initiative aims to return the stolen funds…

Thai SEC revokes Zipmex’s licenses after failure to comply with orders

[Jun 11 9:00 AM] Thailand’s finance minister determined the cryptocurrency exchange was “still in contravention” of orders imposed by the SEC in February.

Bitcoin Will Explode If Bulls Break The “Fuse” At $72,000

[Jun 5 8:00 PM] Bitcoin’s price has risen roughly 2% in the past 24 hours, trending above $70,000, a psychological level. As bulls prepare for more gains, Willy Woo, an on-chain analyst, believes the coin could soar even higher after breaking above the…

Thailand Approves Its First Spot Bitcoin ETF

[Jun 4 4:19 AM] Thailand has approved launching its first spot Bitcoin exchange-traded fund (ETF), joining a growing list of countries embracing regulated Bitcoin investment vehicles.BREAKING: Thailand SEC approves the first spot #Bitcoin ETF…

Thailand touts new ‘digital nomad’ visa extendable for nearly a year: Report

[May 29 1:51 AM] The Thai government has announced a new visa class for remote workers that can be extended for up to 360 days, but details on income and tax liabilities are unclear.

Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht

[May 9 3:40 AM] The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution. The project tested the digital version of the Baht and its potential…

Thai regulator cracks down on deceptive crypto ads

[Apr 29 1:54 AM] Regulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments.

Turkey tops the world in stablecoin buying share vs. GDP

[Apr 25 7:00 AM] Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis.

Thailand to Block Access to 'Unauthorized' Crypto Platforms

[Apr 22 2:03 AM] Authorities in Thailand have decided to block "unauthorized" crypto platforms to increase the efficiency of law enforcement in solving the problem of online crime, an announcement on Friday last week said.

Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO

[Apr 11 2:49 PM] Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.

Thai Crypto Exchange Bitkub Plans 2025 IPO: Bloomberg

[Apr 1 4:41 AM] The exchange's owner signaled its intention to sell shares to the public in a 2023 letter that didn't give a timeframe.

Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report

[Mar 13 4:59 AM] Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes.

Thailand’s SEC Greenlights Investment From Institutional and Wealthy Individuals in Crypto ETFs

[Mar 12 12:47 AM] Earlier this year, the regulator had denied permission to trade bitcoin ETFs.

Thai SEC Files Charges Against Former Zipmex Thailand CEO

[Feb 8 4:11 AM] The Securities and Exchange Commission found that the companies customer assets were transferred overseas before an announcement was made.

Thai Regulator Orders Zipmex to Suspend Digital Asset Trading and Brokerage Services

[Feb 2 5:29 AM] Zipmex now has 15 days to correct its financial position and create a system to prevent the improper use of customer funds.

Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules

[Jan 30 10:11 AM] Thailand's SEC has updated its rules by removing retail investors' limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset business.

Binance Thailand Crypto Exchange Open for Trading

[Jan 16 12:11 AM] The crypto exchange is a joint venture between Binance and Thailand's Gulf Innova.

Binance to launch Thai exchange in joint venture with local energy giant

[Nov 15, 2023 11:54 PM] Crypto services from Binance and Gulf Energy’s joint venture, Gulf Binance, will initially be available to Thai residents on an invitation-only basis.

Project mBridge reveals details of its workings ahead of MVP, commercial debut

[Oct 31, 2023 2:15 PM] Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is.

Singapore plans joint crypto pilots with Japan, Switzerland and UK

[Oct 30, 2023 5:24 AM] Singapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project.

Thailand’s KBank acquires crypto exchange business Satang

[Oct 30, 2023 3:16 AM] Thailand's second-largest lender by assets, Kasikornbank, is moving into crypto by acquiring a majority stake in the local crypto business Satang.

Thailand’s Kasikorn Bank Buys Majority Stake in Satang Crypto Exchange for $103M

[Oct 29, 2023 11:32 PM] The move continues a trend of Thailand's major traditional financial institutions moving into crypto.