Thailand Archives - Page 4 of 5

Bank of Thailand Governor: We’re Still Far Away From Central Bank Crypto

November 19, 2018

Cryptocurrencies are unlikely to be widely adopted by central banks in the near future. That’s according to the Governor of Thailand’s central bank – the Bank of Thailand – Veerathai Santiprabhob (pictured ab...

Thai ICO Portal to Launch in December as Government Seeks Control

November 9, 2018

Thailand’s first ICO portal will most likely be certified for operation this month, according to an announcement from the country’s Securities and Exchange Commission. If certification is successful, the offe...

Cinnober Renews Partnership with Stock Exchange of Thailand

September 27, 2018

The Stock Exchange of Thailand, the kingdom’s primary trading venue, has signed a seven-year licencing agreement with Cinnober Financial Technology of Stockholm. Most Liquid Exchange in ASEAN Region Under...

Thailand Expects Launch of 5 ICOs After Regulation Enforcement

June 14, 2018

As Thailand’s Securities and Exchange Commission (SEC) is set to enforce the newly introduced law of digital asset later this month, five blockchain-based projects are already expected to initiate fundraising...

Cryptocurrency Now Officially Regulated in Thailand

May 16, 2018

A royal decree to regulate cryptocurrency in Thailand came into force last week, according to the Bangkok Post. The law, consisting of one hundred sections, defines cryptocurrency as digital assets which mus...

Stock Exchange of Thailand Launches Blockchain-Based Crowdfunding Platform

May 8, 2018

Signaling an attempt to provide a new funding avenue for domestic startups, the Stock Exchange of Thailand has announced the launch of a blockchain-based crowdfunding marketplace. The new platform, known as ...

Thai Ministry of Finance Announces 7% Tax on Crypto Trades; 15% on Returns

April 2, 2018

Cryptocurrency tax rates for trading and investing have been proposed by Thailand’s Ministry of Finance as part of a larger effort to appropriately regulate and tax the crypto industry within the country, acc...

Thailand to Empower the SEC with Crypto Regulatory Powers

March 12, 2018

Thailand is on its way to regulate cryptocurrencies as the prospect has received the nod from financial experts, reported the Bangkok Post. Based on the proposals, the Securities and Exchange Commission (SEC...

Thailand-Based TDAX Halts ICO Trading, Awaits SEC Guidelines

February 26, 2018

Thailand-based cryptocurrency exchange Thai Digital Asset Exchange (TDAX) has postponed the registration and trading of new initial coin offerings (ICOs) by two weeks. The exchange took this step as it awaits...

Thailand’s Central Bank Bans Banks from Dealing with Cryptocurrencies

February 12, 2018

Bank of Thailand issued a circular today asking the financial institutions to refrain from doing any business involving cryptocurrencies, as their suspicions of cryptocurrencies grow into a real fear of the p...