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Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
17.7.2020
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying...
Bank of Thailand Progresses With Digital Baht Tests Before Public Launch
16.7.2020
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses
Thailand Vows to Crack Down on Narco Profits Stashed in Commodities and Crypto
26.6.2020
Thai authorities are cracking down on drug networks and the methods they use to launder their profits, including cryptocurrency
Thai Central Bank Taps Cement Company for First Digital Currency Payments
20.6.2020
The Bank of Thailand is integrating a CBDC payments system into the financials of the country’s oldest cement company in an extension of its Inthanon project
Bank of Thailand Launches Digital Currency Pilot Project
19.6.2020
The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country
Thailand to Raise $6.4M With Sale of Blockchain-Based Bonds
17.6.2020
The Thai Public Debt Management Office plans to sell the cheaply priced bonds through a state-owned bank’s blockchain e-wallet
Thailand Turns to Blockchain to Boost Renewable Energy Push
26.5.2020
A Thailand public-private joint venture has inked a deal with blockchain startup Power Ledger to encourage renewables trading and uptake
Power Ledger Brings Peer-to-Peer Renewable Energy Trading to Thailand
25.5.2020
Australia’s Power Ledger will be deploying its renewable energy trading technology in Thailand through a partnership with local authorities and BCPG
Ripple Integration Brings Instant Payments to Thailand
11.4.2020
Azimo’s partnership with Siam Commercial Bank will deliver instant cross-border payments through RippleNet
Thai Remittance Platform Starts Processing Ripple Payments
19.3.2020
DeeMoney has become the first non-banking institution to use RippleNet in Thailand
Ripple Cements Asian Presence Through Partnership With Thai Fintech DeeMoney
19.3.2020
Thai fintech DeeMoney will now support remittances using Ripple’s cross-border blockchain network RippleNet
Huobi Thailand Launches Amidst Coronavirus Outbreak
5.3.2020
Huobi Thailand launches today amidst the coronavirus outbreak in the region
Why Security Token Offerings Are a Big Yawn in Parts of Asia
12.2.2020
Security token offerings (STO) were supposed to be the next big blockchain-based investment vehicle. But investors in Thailand and Taiwaan aren't interested
Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
23.1.2020
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail...
Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments
22.1.2020
Hong Kong and Thailand’s central banks have piloted a Corda-based CBDC project for cross-border payments
Thai SEC Grants License to Asia-Pacific Crypto Exchange
20.1.2020
Asia-Pacific crypto-fiat trading platform Zipmex has sealed a digital assets exchange license from the Thai Securities and Exchange Commission
Thai Officials to Investigate Alleged Cryptocurrency Pyramid Scheme
16.1.2020
20 victims of an alleged $2.5 million cryptocurrency pyramid scheme have appealed to Thailand’s Department of Special Investigation to investigate their case
Singapore Crypto Consultant Kidnapped for $1 Million Ransom
14.1.2020
Singaporean kidnapped in Thailand makes daring escape after being tortured for $1 million ransom
Thai Stellar-Based Startup Lightnet Raises $31M to Replace SWIFT
10.1.2020
Thai blockchain startup Lightnet raises $31 million to replace “inefficient” payments like SWIFT in Southeast Asian countries
Binance Crypto Exchange Adds Support for Australian Dollars and Thai Baht
8.1.2020
Binance, the world’s second-largest cryptocurrency exchange, has added support for Australia and Thailand’s fiat currencies