Tag: thailand

Apr 02 2021

Thailand’s Central Bank to Test Digital Baht by 2021

The regulator is seeking public feedback on a retail CBDC paper by June 15.

Mar 18 2021

Thai Central Bank Warns Against Baht-Denominated Stablecoin

Private issuance of any monetary alternative violates the country’s currency act.

Mar 02 2021

Thailand Regulator Withdraws Proposal of Harsh Crypto Investment Rules

The draft proposed a crypto investors’ minimum annual income to be 1 million baht.

Feb 25 2021

Thailand Plans to Mandate Income Proof for Crypto Traders

It is not clear if there will be any lower income limit to trade crypto.

Feb 15 2021

Thailand Unveils New Registration Rules For Crypto Asset Managers

Effective February 24, crypto fund managers and investment advisers are required to apply for a license.

Thailand’s Securities Regulator Eyes Qualifications for New Crypto Investors

The regulator believes new cryptocurrency investors should have a certain level of trading experience and financial reserves.

Feb 05 2021

Thai Regulator Orders Bitkub to Close Door to New Clients

Regulators issued improvement orders for Bitkub after users were blocked from trading during Bitcoin spikes in January.

Jan 22 2021

Upbit Thailand Launches as Bitkub Facing Troubles

Bitkub handles 97 percent of the total crypto trading in Thailand.

Jan 20 2021

Thai SEC Tells Bitkub Crypto Exchange to Improve Platform After Trading Outages

Jan 20 2021 Published at CoinDesk under tags  coinflash exchanges markets news outages

The financial regulator ordered the Bitkub exchange to close and fix issues that caused several outages as prices spiked this month.

Thai Stock Exchange Launching Digital Asset Trading in H2, Cryptos Excluded

Jan 20 2021 Published at CoinDesk under tags  business coinflash markets news stock exchanges

Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said.

Thailand Stock Exchange Rejects Cryptocurrencies

The exchange is planning to launch a trading platform for asset-backed tokens but excluded cryptocurrencies.

Dec 07 2020

Thai Excise Department Will Deploy Blockchain Tech to Boost Tax Collection

Dec 07 2020 Published at CoinDesk under tags  government news policy & regulation tax tech

All three of Thailand's tax departments reportedly aim to improve tax revenue collection using blockchain technology.

Nov 19 2020

Travel Tech Firm Monaker Group Eyes Regulated Thai ICO Market

Nov 19 2020 Published at CoinDesk under tags  ico news thailand travel

Monaker 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 company took an "indirect controlling stake" in the entity that owns Longroot on Thursday, one day after buying up a third of Longroot minority shareholder […]

Nov 18 2020

Thai SEC Revises Net Capital Rules in Bid to Open Liquidity, Support Digital Asset Businesses: Report

The revised requirements are aimed at adding liquidity to the Thai market, while also allowing digital asset businesses to hold part of their required capital in cryptocurrencies.

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