The Securities and Exchange Commission of Thailand has launched a public consultation on proposed cryptocurrency investor qualification rules. According to an official announcement Thursday, the Thai SEC is now seeking…
Continue ReadingThailand seeks to introduce a new set of rules for retail crypto investors, specifically targeting those who want to open accounts. The Thai financial watchdog could require domestic crypto exchanges…
Continue ReadingSeveral major banks across Asia have joined forces to construct a cross-border central bank digital currency, according to a joint announcement issued on Feb. 23. Dubbed the Multiple Central Bank…
Continue ReadingThailand seems to be interested in catching Japanese crypto holders’ attention via tourism. The country wants to establish a crypto-friendly touristic hotspot and the first targeted country is the nation…
Continue ReadingIn its latest effort to revive the Kingdom’s pandemic-battered tourism industry, Thailand’s tourism authority is targeting cryptocurrency holders from Japan. The Tourism Authority of Thailand (TAT) wants to establish the…
Continue ReadingA major financial regulator in Thailand is looking to determine qualifications for cryptocurrency traders to ensure investor protection. The Securities and Exchange Commission of Thailand has scheduled a public hearing…
Continue ReadingThailand’s Securities and Exchange Commission (SEC) will conduct a public hearing this month to gauge what qualifications should be imposed on retail investors opening new cryptocurrency trading accounts. According to…
Continue ReadingThailand’s booming cryptocurrency trading market is causing some concern for government officials. According to Bloomberg, Arkhom Termpittayapaisith — the country’s finance minister — has warned that the ongoing crypto speculative…
Continue ReadingSiam Commercial Bank — Thailand’s oldest bank, established by royal charter back in 1907 — is cementing its reputation as a strong backer of innovative financial technologies. The institution’s venture…
Continue ReadingBitkub, Thailand’s largest cryptocurrency exchange, resumed its services on Jan. 23 following a brief period of shutdown enforced by the country’s Securities and Exchange Commission. The shutdown followed a number…
Continue ReadingThe Securities and Exchange Commission of Thailand (SEC) issued an order against a local cryptocurrency exchange to temporarily stop its operations. Bitkub has been in the headlines since the start…
Continue ReadingCrypto exchange Upbit is entering the Thai market at a fortuitous time when the kingdom’s most popular exchange, Bitkub, remains suspended by government regulators. According to reports in local media,…
Continue ReadingThe Stock Exchange of Thailand, or SET, is planning to launch a digital asset trading platform in the second half of 2021, but it will not include cryptocurrencies. The headline…
Continue ReadingCryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the…
Continue ReadingThailand’s Excise Department is hoping the integration of a blockchain system can help it boost revenues and assist the nation’s economic recovery. According to a report by the Bangkok Post…
Continue ReadingThailand’s tax collection agency will use blockchain technology to streamline tax payments next year. The Excise Department will use blockchain to improve its revenue collection in lieu of actually raising…
Continue ReadingMonaker Group, which builds booking platforms for the travel industry, is venturing into tokenized assets with the indirect acquisition of Thailand’s Longroot initial coin offering (ICO) portal. The Nasdaq traded…
Continue ReadingDespite the ongoing COVID-19 pandemic, some global events have chosen to move forward as planned. Instead of canceling, they are working to limit close contact between attendees through the introduction…
Continue ReadingThailand’s Securities and Exchange Commission (SEC) has announced changes to its net capital requirement rules for brokerages and securities firms, including those in the digital assets sector. According to a…
Continue ReadingThailand’s Securities and Exchange Commission has revised its net capital rules regarding digital assets. According to a Nov. 18 report by The Bangkok Post, the Thai SEC now allows firms…
Continue ReadingThe Bank of Thailand launched the world’s first blockchain-based government savings bond issuance platform using IBM’s blockchain technology. Within two weeks of the launch, the central bank sold more than…
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