Thailand Archives

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11 June, 2024

Thailand approves first spot BTC ETF

Thailand joins Hong Kong and the United States in approving BTC ETFs this year, with the Thai SEC giving the...

mBridge members China, Thailand sign local currency agreement as they look to improve cross-border trade

Finance

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30 May, 2024

mBridge members China, Thailand sign local currency agreement as they look to improve cross-border trade

The framework is expected to allow China and Thailand to carry out international trade in the Chinese yuan or the...

Thai CBDC pilot succeeds, but no plans to create one

Fred Baker

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25 April, 2024

Thai CBDC pilot succeeds, but no plans to create one

Thailand sees central bank digital currency as a tool that could promote innovation but argues that it is in no...

Thailand issues tax exemption for investment tokens

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18 March, 2024

Thailand issues tax exemption for investment tokens

Thailand’s Cabinet will allow investors who have had their 15% capital gains tax deducted to exclude their investment token profits...

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27 February, 2024

Thai SEC wants to revoke Zipmex license

The Thai securities regulator wrote to the finance minister proposing that he revoke the Zipmex license over its failure to...

Thailand removes VAT on digital currency trading: report

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13 February, 2024

Thailand removes VAT on digital currency trading: report

The new tax exemption rules have been effective since January 1, 2024, and will extend to registered dealers and brokers...

Hong Kong to VASPs: Secure license by February 29 or face shutdown

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9 February, 2024

Hong Kong to VASPs: Secure license by February 29 or face shutdown

As the deadline looms, Hong Kong has reiterated its pledge to shut down all unlicensed VASPs by the end of...

Thailand lifts restrictions on retail investment in digital tokens

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24 January, 2024

Thailand lifts restrictions on retail investment in digital tokens

Thailand’s securities regulator has updated its rules to lift the $8,450 restriction, permitting Thais to invest freely in tokenized real-world...

Thailand postpones national digital currency distribution amid demands for closer examination

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3 November, 2023

Thailand postpones national digital currency distribution amid demands for closer examination

Thailand postpones digital currency rollout to Q1 2024 due to security concerns, facing criticism over debt and legality.

Thailand’s Kasikornbank launches $100M fund for Web3, AI projects

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20 September, 2023

Thailand’s Kasikornbank launches $100M fund for Web3, AI projects

Kasikornbank launches $100 million KXVC fund, targeting AI and Web3 projects, with plans to support startups expanding into the APAC...

Bank of Thailand predicts instant economic boost with new digital handout plans