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Thai SEC approves four crypto firms despite Zipmex woes
5.8.2022
Thailand’s regulators are still approving crypto companies despite one of its largest ones suspending withdrawals
After weeks of rumors, Thai crypto exchange Zipmex files for debt relief in Singapore
28.7.2022
It appears the firm's fortune took a turn to the worst via its exposure to troubled crypto lending service Babel Finance
Thai SEC launches digital hotline for Zipmex users
25.7.2022
The investors affected by Zipmex's withdrawals' pause can submit information about their losses via an online forum on the Thai SEC’s official website
Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules
22.7.2022
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening crypto regulations that limit growth in domestic crypto trading. SCB Postpones...
Thai SEC Asks Zipmex to Clarify Withdrawal Freeze
21.7.2022
The Thai Securities and Exchange Commission (SEC) has sent a request to cryptocurrency exchange Zipmex to clarify the recent withdrawal freeze
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
21.7.2022
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.”
Huobi crypto exchange wins licenses in Dubai and New Zealand as Thai affiliate closes
21.6.2022
Huobi cryptocurrency exchange is expanding its global footprint by winning its first-ever licenses in Dubai and New Zealand
‘This Is the Usual’: Thai Central Bank Governor on CBDC Pilot Delay
1.6.2022
Thailand Exempts Crypto Transfers From VAT Until End of 2023
25.5.2022
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce...
Jumpstart AAPI Month With Thai Survival Horror And Five More Hidden Gems
6.5.2022
I answer the questions dutifully—“Where are your parents from?” “My dad is from Bangladesh, my mom is from Bulgaria”—but growing up in predominantly white Long Island made me embarrassed that anyone ever had to ask. I’m pale. My hair is thin and bleached blonde, and I could never grow it out to...
Buakaw Banchamek, A Living Legend in Muay Thai, To Launch The NFT Collection, With Perks For Holders
4.5.2022
To celebrate Thai’s boxing legend, Buakaw Club 1 will be launched on May 08, 2022, introducing 10,000 generative NFT art collections of the legend BUAKAW Banchamek, the greatest fighter to ever live in Muay Thai, Thailand. Each NFT art piece is uniquely designed to preserve Buakaw’s fighting...
Thailand Adopts Rules Restricting Cryptocurrency Payments From April
23.3.2022
Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only bring risks for the financial system, economy, people and businesses. Thailand SEC Issues...
Thailand Approves Tax Relief Measures for Crypto Trading
11.3.2022
The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet...
Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions
8.3.2022
A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face...
Stock Exchange of Thailand to Launch Digital Asset Exchange ‘Very Soon’
24.2.2022
The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the country’s crypto regulator, the Thai Securities and Exchange Commission (SEC), to approve the launch “very soon.” Stock Exchange of Thailand Prepares...
Here’s how Thai Stock Exchange plans to connect crypto with its digital asset platform
22.2.2022
The SET announced its digital asset exchange early last year, originally planning to avoid cryptocurrencies
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March
10.2.2022
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly predicted. Former Central Bank Director Warns Crypto Market Will Soon Crash Former Bank...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
3.2.2022
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get feedback … It is much more friendly to both investors and the industry,” said...
Thailand Announces Cryptocurrency Will Be Regulated as Means of Payment
26.1.2022
Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential impacts on the country’s financial stability and economic system.” The announcement was issued by the Bank of Thailand, the Thai Securities and Exchange...
Thai regulators team up to issue guidelines on digital assets payments
25.1.2022
The joint committee of BOT, SEC and MOF believes the current payment infrastructure is efficient and digital assets would add no extra benefits