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Nalezeno "thailand": 417

Thailand to define ‘red lines‘ for crypto in early 2022

16.12.2021
“Cryptocurrencies cannot become a means of payment,” Bank of Thailand governor Sethaput Suthiwartnarueput stated

Bitcoin-focused NYDIG Raises USD 1B, Golden State FTX, Bitfinex Recovers 6 BTC + More News

14.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ ... Read More: Bitcoin-focused NYDIG Raises USD 1B, Golden State FTX, Bitfinex Recovers 6 BTC + More News

Thailand Doesn’t Prohibit Crypto Use for Payments but Warns of Price Fluctuation

12.12.2021
Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation. Using Crypto to Pay for Goods and Services Is Not Illegal in Thailand Sakkapop...

Central bank tells Thai banks not to offer crypto trading

8.12.2021
The Bank of Thailand doesn’t want local banks or businesses using crypto, while the tourism ministry is still trying to attract crypto whales

El Salvador Buys Bitcoin Dip Again, WisdomTree Launches 3 Crypto ETPs + More News

29.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ ... Read More: El Salvador Buys Bitcoin Dip Again, WisdomTree Launches 3 Crypto ETPs + More News

Thailand to Become Crypto Positive Society Through Tourism

29.11.2021
The Tourism Authority of Thailand (TAT) plans to issue TAT Coin, a Cryptocurrency token, as part of its “cryptourism” campaign to lure some of those affluent crypto investors. They may contribute to the country’s GDP. According to the Bangkok Post, Jirayut Srupsrisopa, the creator...

Thailand Plans to Become ‘Crypto-Positive Society’ — Governor Says ‘Crypto Is the Future’

29.11.2021
Thailand is laying the groundwork to become a “crypto-positive society” with the aim to attract crypto holders and boost its tourism industry. The country hopes to gain back some of the $80 billion in lost tourism revenue due to the Covid-19 pandemic and subsequent shutdown. Thailand...

Thai lawmakers urged to approve tourism crypto to entice digital nomads

26.11.2021
The rollout of the Tourism Authority of Thailand’s TAT Coin is coming closer to fruition, and is now awaiting government approval according to local figures

Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange

3.11.2021
Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will help the bank “create new growth value in the long term amid a new financial world,” said the CEO of the bank. Major Thai Bank Becoming Majority...

Siam Commercial Bank purchases 51% stake in crypto exchange Bitkub

2.11.2021
CEO Arthit Nanthawittaya said the acquisition was based on the growth of businesses in the digital asset space over the last 2 years and the expected value in the long term

Thailand’s biggest shopping center trialing digital currency

28.10.2021
Central Retail Corp., a major Thai retail company, has announced a test of its virtual currency “C-Coin.”

Thai Prime Minister Cautions Investors Getting Into Crypto as Interest in Digital Assets Soars

24.10.2021
The prime minister of Thailand has cautioned investors getting into cryptocurrencies, noting that they are volatile and highly speculative. Recently, interest in cryptocurrencies has soared as young investors in the country discovered that they could make money quickly by investing...

Asian CBDC projects: What are they doing now?

16.10.2021
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar?

‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency

30.9.2021
According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very...

Thailand to Develop ‘Cryptourism,’ Considers Issuing Utility Token

29.9.2021
In search of ways to heal its travel industry, hurt by the pandemic, Thailand is now recognizing an opportunity to tap into a growing market of cryptocurrency holders. Fostering a “cryptourism atmosphere” is what the country’s tourism agency intends to do, including by minting...