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Major Thai bank experimenting with decentralized finance
12.4.2021
Kasikornbank has identified asset-backed DeFi as having the potential to create economic value for Thailand
Trezor's Plans, Spain's Crypto Tax Warning, Thai SEC & Binance + More News
9.4.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Wallet news
Trezor announced four things set to come out this year: Trezor Suite Mobile app for Android, Bitcoin Full Node, CoinControl, and Child...
Thai crypto adoption is booming, with volume up 588% since November
5.4.2021
While crypto volumes surge on Thailand’s licensed exchanges, P2P platforms appear to be falling out of favor
Thai SEC says investors should have crypto trading experience
1.4.2021
Secretary-general Ruenvadee Suwanmongkol said the commission will be offering a free training course for investors who have no experience trading in cryptocurrencies
Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law
21.3.2021
Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT) is currently working on a regulatory framework for stablecoins. Thailand Bans Baht-Pegged Stablecoin The Bank of Thailand,...
Thai Central Bank Sets A Precedent By Banning Baht-pegged Stablecoin
18.3.2021
Source: iStock/Jan-Otto
The Thai central bank, the Bank of Thailand, has taken the unprecedented step of banning a fiat baht-pegged stablecoin, claiming that it could undermine the Thai public’s confidence in the existing financial system.
The stablecoin in question is the THT, the brainchild...
Thailand’s central bank warns against ‘illegal’ THT stablecoin
18.3.2021
The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers
Thai bank's venture arm invests in institutional crypto custodian Anchorage
5.3.2021
SCB 10X, the venture arm of Thailand's oldest bank, is participating in an $80 million Series C fundraising round for institutional crypto custodian and digital asset platform Anchorage
Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion
4.3.2021
The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country’s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter. People ‘Misunderstood’...
Thai SEC forced to clarify proposed crypto rules after public backlash
2.3.2021
Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage
Thai SEC consults public on crypto investor income rules
25.2.2021
Thai investors who do not qualify for crypto trading under proposed SEC rules would still be able to invest through licensed fund managers
New Crypto Rules in Thailand Could Require Traders to Show Income Before Opening Trading Accounts
25.2.2021
Thailand 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 to ask traders for proof of income. Thai SEC Could Also Ask Crypto Investors to Prove Their...
Thai SEC schedules hearings to address crypto investor qualifications
15.2.2021
The SEC of Thailand is looking to establish qualifications for crypto investors as digital currency purchases increase
Thai finance minister critical of current crypto speculative surge
11.2.2021
Thailand’s finance minister is not a fan of the retail crypto mania that saw monthly trading volume triple in January
Major Thai bank's venture arm sets up $50M fund to invest in blockchain, DeFi
9.2.2021
Siam Commercial Bank, over a century old, doesn't fail to keep up with the times
Bitkub submits improvement plans to Thai SEC and resumes trading
25.1.2021
The regulator had previously suspended the exchange following several brief outages due to extreme volume spikes
Thai Financial Watchdog Asks Local Crypto Exchange to Fix Issues After Three Massive Outages
22.1.2021
The 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 of the year due to several outages suffered in their systems. Crypto Exchange Suffered Three Massive...
Thai SEC Tells Bitkub Crypto Exchange to Improve Platform After Trading Outages
20.1.2021
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
20.1.2021
Listing cryptocurrencies could harm the stock exchange’s image and lose investor confidence, an executive said
Thai Regulator Hits Defunct Crypto Exchange Operator with Legal Wrap
23.12.2020
Thailand’s regulatory Securities and Exchange Commission (SEC) has filed a criminal lawsuit against Bitcoin Company Limited, the operator of BX.in.th (BX), formerly the nation’s first and largest crypto exchange.
BX closed its doors last year, but the SEC claims the company transferred...