Thailand SEC Files Criminal Complaint against Binance

Binance is facing yet another regulatory setback. This time, Thailand’s Securities and Exchange Commission (SEC) has filed a criminal complaint against the cryptocurrency exchange for illegally offering servi...

Thailand Mandates Physical ID Checks of Crypto Investors

The Thailand government is making the regulations around crypto exchanges more strict as it mandated the verification of customer identities using a ‘dip-chip’ machine, which requires the physical presence of...

Thailand’s Central Bank to Test Digital Baht by 2021

Thailand’s central bank has become a forerunner in the development of the central bank digital currency (CBDC) as the regulator is geared up to begin testing as soon as the second quarter of next year, Assist...

Thailand to Regulate Stablecoins Sooner Than Bitcoin

Thailand’s central bank is moving towards bringing regulations for the so-called stablecoin as soon as this year, the Bank of Thailand’s Assistant Governor, Siritida Panomwon Na Ayudhya revealed on Friday. “...

Thailand Plans to Mandate Income Proof for Crypto Traders

With the spike in the retail demand for cryptocurrency investments, Thailand is considering to impose new rules under which traders need to prove their income and assets before opening an account with a crypt...

Thai Regulator Orders Bitkub to Close Door to New Clients

Bitkub, the most heavily trafficked crypto exchange in Thailand, announced today that it will stop accepting new customers in the foreseeable future to address issues recently identified by regulators. The T...