Thailand News and Articles

Thailand’s Securities and Exchange Commission has banned crypto companies from providing staking and lending services. According to the official statement, the regulator prohibits digital asset businesses to offer or support crypto depository services, including the payment of returns to...

The Thai Securities and Exchange Commission (SEC) once again reminded the citizens of the country about the risks of investing in digital currencies. Only this time, the regulator urged investors to be as careful as possible when they decide to channel funds into projects deployed in the DeFi...

The restriction of withdrawals was notified by the Zipmex cryptocurrency exchange in Thailand last week. Local regulators then made the trading platform's problems public and began interacting with the customers who had been harmed by the outage. Information on the impacted traders is being...

Beginning in December 2021, the Thai Securities and Exchange Commission announced the preparation of a new regulatory framework that would regulate the digital asset industry. According to reports, among the main tasks that the agency has set for itself is the definition of so-called “red...

The ban on digital asset mining introduced by China in September 2021 gave a good impetus to the development of the same industry in another Asian country - Thailand. So, recently, the international news channel Al Jazeera reported that after China's actions restricting the rights of...

In the ranking of cryptocurrency exchanges in terms of trading volume, Binance ranks first. Despite the problems of this company in some countries, it continues to gain a foothold in new markets. The structure of the Thai billionaire Saratha Rathanawadi Gulf Energy Development PCL will act as a...

In early December, a bitcoin mining farm consisting of 72 ASIC miners burned down in the Thai province of Chiang Mai. The fire broke out at night on the second floor of a three-story office building. Because there was no one on the neighboring premises, the firefighters arrived at the scene too...

The central bank of Thailand has said it will not allow the financial sector to be destabilized. To this end, the regulator plans to develop a regulatory framework for the cryptosphere that will not allow digital currencies to squeeze out the traditional banking system. In January, the Central Bank...

The Bank of Thailand plans to launch a national digital currency (CBDC). Back in the spring, the regulator announced trials of its token. At the same time, the Central Bank is very negative concerning bitcoin and other virtual coins. On December 7, the Central Bank issued a decree requiring...

The Tourism Authority of Thailand (TAT) is considering launching its own digital token. Thus, according to local media reports, travel operators will be able to make additional profits by starting to make money on the growing popularity of cryptocurrencies. The token will be called TAT Coin. The...

According to the head of the Thai government, Prayut Chan-o-cha, residents of his country need to stay away from digital currencies. The prime minister watches with dismay how bitcoin is attracting the younger generation. The state needs to make every effort to prevent people from accessing such...

The most famous meme cryptocurrency is Dogecoin (DOGE). This coin is periodically praised by Tesla CEO Elon Musk. However, other joke tokens are available on crypto exchanges. Among them, for example, Piscoin and CumRocket stand out. Thailand's Securities and Exchange Commission has banned all...

In early April, the Bank of Thailand proclaimed its intention to begin testing the national digital currency (CBDC) as early as 2022. Media reported this week that the Central Bank has attracted a German tech company to develop its token. Giesecke + Devrient (G + D) will participate in the creation...

Leading cinema operator and entertainment services provider in Thailand, Major Cineplex Group now enables buying tickets with BTC. Local press Siam Rath states that the broadest cinema chain launches a crypto payment study project to assist innovations. For this purpose, Cineplex teamed up with a...

The number of countries wishing to develop their digital currency continues to grow. This week, the Central Bank of Thailand announced the launch of a project to create its token (CBDC). The regulator’s statement notes that before the official release of the cryptocurrency, it is planned to test...

Thailand is one of the most popular touristic places nowadays. The government intends to integrate blockchain technology on Electronic Visa On Arrival (eVOA) to speed up the process of Visa application and to protect all the data of the country's guests. The new version of eVOA will be available...

Thailand's leading crypto exchange Bitcoin Co. Ltd. (BX.in.th) announced that it will cease all operations on September 30th. Users must withdraw all funds by November 1. So, the exchange is not going to renew the license for providing trade in digital assets from the local Securities and Exchange...