Thailand Archives - Page 2 of 5

Thai Prime Minister Said To Be Considering Legalising Gambling

January 20, 2021

Thai Prime Minister said to be considering legalising gambling. In a bid to curb the growth of illegal gambling dens, Thailand’s Prime Minister Prayut Chan-o-cha has confirmed that he is now considering to le...

Thai Crypto Exchange Bitkub Gets Notice to Improve Services

January 20, 2021

Bitkub, the largest cryptocurrency exchange in Thailand, has temporarily suspended its services on the desktop platform on Tuesday after receiving a notice from the country’s financial regulator to fix the fr...

Thailand Stock Exchange Rejects Cryptocurrencies

January 20, 2021

The Stock Exchange of Thailand (SET), announced today that it is planning to introduce a trading platform for asset-backed digital tokens in the second half of 2021. The exchange completely rejected the possi...

Thai Tax collectors To Use Blockchain Tech To Streamline Revenues In 2021

December 7, 2020

Thai tax collectors to use blockchain tech to streamline revenues in 2021. Thailand's tax collection agency will use blockchain technology to make tax payments more effective next year. The Excise Department ...

Thai Central Bank Launches World’s First Blockchain Based Bond Issuance Platform

October 5, 2020

Thai Central Bank launches world's first blockchain-based bond issuance platform. Using IBM's blockchain technology, the Bank of Thailand unveiled the world's first blockchain-based government savings bond is...

Thai Central Bank Initiates Trial of CBDC with Big Businesses

July 17, 2020

The Bank of Thailand (BoT) turned out to be one of the forerunners in the development of a central bank digital currency (CBDC) as it is already testing digital baht transactions with some of the big business...

Thai Central Bank to Develop CBDC Prototype

June 18, 2020

The Bank of Thailand (BoT) has become the latest monetary regulator to jump into the central bank digital currency (CBDC) bandwagon with the announcement of a project to develop the prototype of a decentraliz...

Hong Kong, Thailand Central Banks Mull Over Digital Currencies

January 22, 2020

The central banks of Hong Kong and Thailand are working hand-in-hand for the issuance of digital currencies for their utilization in cross-border payments between the two countries. Reported by Reuters on We...

Binance Opens Thai Baht Support with Satang Partnership

January 8, 2020

Binance announced on Tuesday its partnership with Satang Corporation, a regulated crypto exchange in Thailand, to enable Thai baht deposit and withdrawal channels on its primary platform. The services with f...

Thai ICO Portal SE Digital Aims to Launch $98 Million Investment Token

October 11, 2019

SE Digital, a subsidiary of Thailand’s Seamico Securities, is planning to launch the first investment token in the country with a target transaction size of THB 2 billion and THB 3 billion ($65.8 million and ...