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Thailand’s XSpring Capital raises $225M to build integrated financial marketplace
17.6.2021
Thai companies and millionaires have funded the firm which aims to bridge traditional and digital finance
Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals
14.6.2021
Cyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming...
Thailand Bans Meme Coins, Fan Tokens, NFTs From Trading on Crypto Exchanges
12.6.2021
The Thai Securities and Exchange Commission (SEC) has enacted new rules for cryptocurrency exchanges operating in the country. Certain types of cryptocurrencies, including meme coins, fan coins, and non-fungible tokens (NFTs), are prohibited to trade on crypto exchanges. Thailand Sets New Rules...
Thai SEC bans exchanges from handling certain token types including NFTs
11.6.2021
Local exchanges now have until July 11 to update their rules for listing tokens to be in compliance with the SEC guidelines
Thailand to target DeFi in latest regulatory clampdown
1.6.2021
A new DeFi yield farming platform in Thailand has rattled regulators
Thai Public Company Brooker Group Invests $6.6 Million in Bitcoin
15.5.2021
The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company has disclosed that it has bought 122.3158 bitcoins worth $6.6 million or 200 million baht. Thai Public Company Invests in Bitcoin The number of public companies...
Thailand’s New Cryptocurrency Regulation Requires Users to Be Physically Present to Open Accounts
4.5.2021
The Thai government has reportedly imposed a new cryptocurrency requirement. Crypto exchanges will be required to verify users’ identities using a machine that requires the customers to be physically present. Thailand’s New Crypto Rules The Thai Anti-Money Laundering Office (Amlo)...
Thailand to introduce in-person KYC for crypto exchanges
3.5.2021
Thailand’s government aims to curb new crypto account creation with stringent KYC requirements
New ASEAN blockchain consortium targets cross-border cooperation
23.4.2021
The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness
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
Bank of Thailand to begin central bank digital currency tests in 2022
2.4.2021
Thailand’s central bank is calling for public comments on its proposed plan to launch a sovereign digital currency within the next five years
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,...
Bank of Thailand plans to regulate asset-backed stablecoins this year
19.3.2021
After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021
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
Thailand's crypto market seeks clearer regulations as industry interest peaks
6.3.2021
The Thai SEC says the total number of crypto accounts rose by nearly 300% over the course of the last 180 days
Thailand’s largest movie theater chain accepts Bitcoin
5.3.2021
Major Cineplex Group is starting to accept Bitcoin as part of a crypto pilot project
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