Thailand’s Bitkub in market regulator’s crosshairs, yet again
The Thai Securities and Exchange Commission has reprimanded Thailand’s leading crypto exchange Bitkub for the second time in a thirty-day timespan. New month, new lawsuit...
Will Thailand’s SEC ban all cryptocurrency operators in the country?
Following the crashes of crypto lending platforms in the summer of 2022, Thailand's Securities and Exchange Commission (SEC) intends to take drastic measures. The Thai...
Thailand, one of Asia’s early adopters, is now prohibited from accepting cryptocurrency as payment.
The crypto market surged dramatically in the Asian market and provided a new perspective. The market increased by 706 percent in a year. As a...
Thailand reportedly exempts traders on authorised exchanges from paying a 7% cryptocurrency tax.
The revised tax policy exempts cryptocurrency traders from the mandatory 7% VAT on authorised exchanges while providing tax breaks of up to ten years for...
Here’s why Thailand has all the right ingredients for cryptocurrency transactions, mining, and ventures.
Business partnerships and ventures are important in cryptocurrency because they indicate where and when major changes may occur in the near future. Having said that,...
Thailand repeals a 15% tax on cryptocurrency capital gains in response to public outrage.
Following significant market growth, the Thai Revenue Department initially intended to tighten oversight of cryptocurrency trading. Thailand has decided to postpone the implementation of its...
Former Thai SEC chief identifies three critical issues with cryptocurrency taxation.
The Thai Revenue Department is considering imposing a 15% capital gains tax on cryptocurrency trading. Tipsuda Thavaramara, a former deputy secretary-general of Thailand's Security and...
Thai businesses are spending millions of dollars to get into the Bitcoin mining business.
Bitcoin and cryptocurrency mining may have been labelled "obsolete" in China. However, its exit from the sector has been beneficial to countries such as the...
Thai businesses are spending millions of dollars to get into the Bitcoin mining business.
Bitcoin and cryptocurrency mining may have been labelled "obsolete" in China. However, its exit from the sector has been beneficial to countries such as the...
According to reports, cryptocurrency trades in Thailand are now subject to a 15% capital gains tax.
While Thai crypto investors and miners will be required to pay the tax in 2022, exchanges are said to be exempt. Thailand's government is reportedly...
According to reports, cryptocurrency trades in Thailand are now subject to a 15% capital gains tax.
While Thai crypto investors and miners will be required to pay the tax in 2022, exchanges are said to be exempt. Thailand's government is reportedly...
Thailand will establish’red lines’ for cryptocurrency in early 2022.
"Cryptocurrencies cannot become a form of payment," said Bank of Thailand governor Sethaput Suthiwartnarueput. Thailand's government is developing a new regulatory framework for cryptocurrencies such...
Thailand’s tourism authority is thinking about developing its own utility token.
Tourism operators will be able to capitalise on the popularity of cryptocurrencies with the proposed TAT Coin. To capitalise on the growing popularity of cryptocurrencies,...
Novatti will use Ripple’s cross-border solution to enter Thailand.
Ripple may have been benched in the United States, but it is still expanding its nett globally by adding more clients to RippleNet. The latest addition...
Thailand–Europe payments will be powered by a Stellar blockchain remittance corridor.
The new cross-border remittance corridor, which will be based on the Stellar blockchain, will service around 600 million clients. Cross-border remittance currently stands as one...
Thailand’s central bank has issued a warning against the use of digital currencies for payment.
According to the BOT, it may be obliged to work with the Securities and Exchange Commission to verify that cryptocurrency payments do not represent "extensive...
XSpring Capital of Thailand raises $225 million to develop an integrated financial platform.
Thai corporations and millionaires have invested in the startup, which wants to bridge the gap between traditional and digital banking. XSpring Capital, an investment management...
The Thai Securities and Exchange Commission prohibits exchanges from dealing with certain token types, including NFTs.
To comply with SEC standards, local exchanges now have until July 11 to amend their policies for listing tokens. Thailand's Securities and Exchange Commission has...
SCB 10X from Thailand has joins Band Protocol as a node validator.
The field of decentralised finance [DeFi] has been rapidly evolving in the last six months, and those in the media have taken note. SCB 10X,...
Thailand’s central bank intends to control stablecoins later this year.
The proliferation of cryptocurrencies in recent years has driven many countries to tighten rules, whilst others have tried to outright ban the asset class. Thailand...
Thailand SEC clarifies the request for strict criteria for crypto investors
The Securities and Exchange Commission of Thailand has rolled back a regulatory plan that lays out some conditions for investors to engage in the crypto...