Pichai Chunhavajira, Finance Minister of Thailand, on Wednesday unveiled a project to test cryptocurrency payments as an alternative to cash in the tourist destination of Phuket. … [Read more...] about Thailand to pilot crypto payments for tourists in Phuket
Thailand approves first bitcoin ETF
In a significant development for the cryptocurrency market, the Thai Securities and Exchange Commission (SEC) has approved the country’s first bitcoin Exchange-Traded Fund (ETF). This landmark decision marks a major step forward in integrating digital assets into Thailand's financial ecosystem and offers investors a regulated and accessible means of investing in bitcoin. … [Read more...] about Thailand approves first bitcoin ETF
Binance and Royal Thai Police unite to dismantle crypto scam and recover over $270 million
Binance, the world’s leading cryptocurrency exchange, recently assisted the Royal Thai Police to dismantle an extensive criminal network, leading to the recovery of over $270 million, which marks one of the largest victories against cryptocurrency-related crime. … [Read more...] about Binance and Royal Thai Police unite to dismantle crypto scam and recover over $270 million
Thailand to launch digital baht for retail use
Reduced transaction costs and efficiency expected to come during the pilot test … [Read more...] about Thailand to launch digital baht for retail use
Thailand opposition party promises a crypto handout in case of election victory
A prime ministerial candidate of the Pheu Thai Party announced the 10,000-baht (~$300) giveaway policy … [Read more...] about Thailand opposition party promises a crypto handout in case of election victory
Thai Stock Exchange to launch crypto trading platform
Pakorn Peetathawatchai, president of the Stock Exchange of Thailand (SET), revealed details of a new platform and shared insights into country’s digital future. … [Read more...] about Thai Stock Exchange to launch crypto trading platform
Thailand authorities grant crypto licence to four companies
Thailand’s Ministry of Finance has granted digital asset business licences to four applicants, while rejecting two others. … [Read more...] about Thailand authorities grant crypto licence to four companies
Crypto news in brief (December 3, 2018): Thailand, G20, JumpStart, General Motors
- Thailand’s Revenue Department is considering implementing blockchain to prevent fraudulent VAT refund fraud in the country - G20 participants have declared their commitment to regulate cryptocurrencies - JumpStart, along with six other funds from across Ohio, plan to invest $100 million in early-stage blockchain startups - American car manufacturing giant General Motors … [Read more...] about Crypto news in brief (December 3, 2018): Thailand, G20, JumpStart, General Motors