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Vietnam, the Philippines, and Brunei to Join ASEAN QR Payment System to Reduce Dependence on US Dollar
29.8.2023
Vietnam, the Philippines, and Brunei will join a QR payment system to settle cross-border payments using local currencies within the Association of Southeast Asian Nations (ASEAN) bloc. The network, already being used between Indonesia and Malaysia, aims to interconnect all ASEAN nations to reduce...
Thailand's Incoming Prime Minister Has Ties to Crypto – Here's What You Need to Know
24.8.2023
Thailand's incoming prime minister Srettha Thavisin, who is known for his success in the property industry, has also been involved in the cryptocurrency sector.
On Tuesday, Thavisin was elected by the Thailand parliament to be the country's next prime minister.
The real estate tycoon was the only...
Thailand’s next prime minister Srettha Thavisin has crypto history
23.8.2023
Sansiri, one of the largest real estate firms in Thailand, once had Srettha Thavisin as CEO. The firm is known for backing crypto projects like XSpring
Thailand Threatens Facebook With Shutdown Over Crypto Scams
23.8.2023
The government in Bangkok will try to shut down Facebook in Thailand alleging the social media network isn’t doing enough to stop scams. Fraudsters have been luring users to invest in fake companies and cryptocurrencies, authorities said, and the number of complaints has been mounting. Meta...
Thailand’s New Pro-Crypto Prime Minister Was an Active Crypto Investor
23.8.2023
The resolution of political drama and appointment of Srettha Thavisin as Thailand’s next Prime Minister means a 10,000 THB ‘airdrop’ is likely happening
Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the 'Sign In With Solana' Feature
22.8.2023
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: Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams...
Thailand Seeks Court Order to Shutdown Facebook For Failing to Screen Fake Crypto Ads
22.8.2023
Thailand authorities have issued a warning to the social media giant Facebook, threatening to seek a criminal court order to sever its operations in the nation, over the rampant investment and cryptocurrency scam ads.
The Thai Ministry of Digital Economy and Society (MDES) wrote on Aug. 21, that...
Thailand Warn Meta to Rein In Crypto Scams or Face Expulsion
22.8.2023
A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes
Thailand threatens Facebook over crypto scams and other fraudulent ads
22.8.2023
Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams
Mbridge Project Has Observers Worried About Advances of the Digital Yuan
15.8.2023
The Mbridge project, a central bank digital currency (CBDC) international payment system, is starting to worry observers. Such a system, when completed, could ostensibly allow the digital yuan to reach more countries in trade settlements, chipping away at the world dominance of the U.S. dollar...
South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners
18.7.2023
The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real time in its second stablecoin pilot project
From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10
10.7.2023
South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023
Polygon Labs powers TORIX for Amazing Thailand’s SUKJAI NFTs
7.7.2023
TORIX recently announced that it is now powered by Polygon Labs. The integration has occurred to promote SUKJAI NFTs. The announcement was made on the official Twitter account of TORIX. The tweet stated that the collaboration would boost Amazing Thailand’s NFT collection. Revolving around...
Thailand Joins Singapore in Banning Crypto Lending Services
4.7.2023
Amid increased global scrutiny on crypto exchanges, Thailand joins Singapore among Southeast Asian countries to ban retail lending and staking services.
The Thai Securities and Exchanges Commission announced a ban stopping crypto exchanges from offering lending and staking services to retail...
Latest Thai Securities Guidelines Require Digital Asset Platforms to Issue Crypto Trading Risk Warnings
4.7.2023
According to Thailand’s securities regulator, digital asset service providers will be required to warn prospective investors of the risks that come with trading or investing in cryptocurrencies. The guidelines also state that starting on Aug. 30, 2023, digital asset business operators will...
Today in Crypto: South Korea Passes the Virtual Asset User Protection Legislation, Poly Network Exploit Affected 57 Cryptos on 10 Blockchains, Crypto Miners Are Turning to AI
3.7.2023
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: Today in Crypto: South Korea Passes the Virtual Asset User Protection Legislation, Poly Network Exploit Affected 57 Cryptos...
Thai SEC bans the use of customer crypto assets for lending and investment
3.7.2023
Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy
The Sandbox organizes Thailand Partner Day 2023
30.6.2023
The Sandbox organized the Thailand Partner Day 2023 to promote the building of the Thailand metaverse ecosystem and bring together the country’s creator community. According to the Co-Founder and COO of The Sandbox, Sebastien Borget, their main focus through the event is to further The Sandbox Thai...
FinTech Festival Thailand 2023 unites industry experts, innovators, and communities for a transformative FinTech experience
15.6.2023
FinTech Festival Asia 2023, the premier event in the Southeast Asian region showcasing the latest advancements and trends in financial technology, is set to take place from September 27-28, 2023, at Royal Paragon Hall in Bangkok, Thailand. The festival will bring together industry experts...
Thailand launches retail CBDC pilot with 2 banks and Singapore payment service
12.6.2023
The project, delayed from last year, will enlist bank employees and nearby businesses for the pilot. Each payment provider has launched its own app