Search Results for "Thailand"
Thailand to Implement In-Person KYC Step for Crypto Exchanges
Thailand has introduced a new method of verifying clients’ identities for crypto exchanges.
Thai Retail Giant to Introduce Crypto Coin for Its Shopping Malls
Thailand's biggest shopping centre developer, Central Retail Corp, is planning to introduce a digital currency among employees.
Huobi to Delist Monero and Privacy Tokens on Regulatory Account
Huobi Global has unveiled its plans to delist privacy tokens, counting Monero (XMR), Dash (DSH), Decred (DCR), Firo (FIRO), Verge (XVG), Zcash (ZEC) and Horizen (ZEN) as the digital assets that will be affected.
Huobi to Cease Operations in Thailand After SEC Revokes License
The Thailand subsidiary of the Huobi cryptocurrency exchange has seen its operating license revoked by the country’s Securities and Exchange Commission (SEC) for failing to comply with the system security requirements laid down by the regulator
Thailand to Ban Use of Digital Assets as Payment from April
Thailand's market regulator announced that the use of digit assets to pay for goods and services will be banned from April 1, according to a report from Reuters.
Thailand Eyes Crypto Tourism to Increase GDP
Thailand could see a new phase in its tourism sector as it plans to target crypto digital nomads to increase its GDP.
Thai Cafe Welcomes Traders to Offer Crypto Advice
A cafe in the northeastern of Thailand has become popular with cryptocurrency traders, this restaurant now welcomes people to offer advice to the industry.
Thailand Waives Taxes on Investment Tokens
Thailand's cabinet has agreed to waive corporate income tax and VAT for companies issuing investment tokens, encouraging alternative capital raising in addition to conventional methods. The government hopes to generate 128 billion Thai baht from investment token offerings over the next two years.
First Virtual Banks By 2025 From Bank Of Thailand
Bank of Thailand will enable virtual banks for the first time. Financial businesses will provide services by 2025. The move boosts competitiveness and Thailand's economy. The licensing structure will regulate and supervise virtual banks like regular commercial banks.
Despite Zipmex Dilemma, Thai SEC Approved 4 New Digital Asset Operators
Even though one of Thailand’s leading digital asset exchanges, Zipmex, suffered from Celsius Network and Babel Finance’s financial woes, the Securities and Exchange Commission of Thailand has granted licenses to operate four other crypto companies in the country.
Bank of Thailand Warns Against the Use of Digital Currencies Payments
The Bank of Thailand warned against the use of digital currencies as legal tender.
Thailand’s Trade Policy Office to Trace Agricultural Products from Farm to Export Using Blockchain
Thailand’s Trade Policy and Strategy Office (TPSO) has revealed its intentions of using blockchain technology to trace agricultural products from farms to export as this will optimize buyers’ confidence.