Thailand Archives

Thailand’s new PM Srettha Thavisin sparks talk of upcoming Web3 projects

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29 August, 2023

Thailand’s new PM Srettha Thavisin sparks talk of upcoming Web3 projects

Srettha Thavisin, Thailand’s newly elected Web3-oriented prime minister, brings deep digital currency ties, promising initiatives, and funds to boost adoption...

Business

Wahid Pessarlay

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23 August, 2023

Facebook ban sought in Thailand over digital currency scam failures

Thailand's Ministry of Digital Economy and Society aims to ban Facebook due to digital currency scams highlighting signs of fake...

Thailand: Digital currency firms banned from offering staking, lending services

Business

Wahid Pessarlay

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8 July, 2023

Thailand: Digital currency firms banned from offering staking, lending services

The new rules include a requirement for digital currency exchanges and brokers in Thailand to include warnings on the danger...

Thailand begins retail CBDC pilot to assess digital baht feasibility

Business

Wahid Pessarlay

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16 June, 2023

Thailand begins retail CBDC pilot to assess digital baht feasibility

Bank of Thailand expects the total number of participants to reach around the 10,000 mark while viewing the CBDC project...

Binance cutting staff, dodging Canadian regulatory probe

Business

Steven Stradbrooke

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1 June, 2023

Binance cutting staff, dodging Canadian regulatory probe

Binance undergoes "re-evaluation" of its workforce, cutting down about one-fifth of its total manpower who are either underperforming or might...

Thailand’s opposition party promises $15 billion in digital tokens if it wins

Business

Steve Kaaru

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14 April, 2023

Thailand’s opposition party promises $15 billion in digital tokens if it wins

Pheu Thai will give each citizen above 16 years old $300 in digital tokens to spend in their neighborhood to...

Thai SEC softens stance on ICOs in bid to attract larger retail investment

Business

Wahid Pessarlay

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4 April, 2023

Thai SEC softens stance on ICOs in bid to attract larger retail investment

The SEC is seeking public comments on its planned removal of the investment limits. A clause in the announcement warned...

Thailand SEC calls for public consultation on digital currency staking and lending

Business

Wahid Pessarlay

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14 March, 2023

Thailand SEC calls for public consultation on digital currency staking and lending

The public consultation is expected to run for a month and end on April 7, 2023, and the public can...

Thailand to waive up to $1B in taxes for investment tokens: report

Business

Steve Kaaru

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11 March, 2023

Thailand to waive up to $1B in taxes for investment tokens: report

Thailand has become a digital asset hub, and in order to promote this growth, the government will waive VAT and...

Thailand security regulator issues new guidelines for virtual currency wallet providers

Business

Wahid Pessarlay

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21 January, 2023

Thailand security regulator issues new guidelines for virtual currency wallet providers

Under the latest regulations, VASPs are mandated to create a digital wallet management system, a framework for securing wallet keys,...

Thailand central bank to allow digital banks to operate by 2025

Business

Wahid Pessarlay

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19 January, 2023

Thailand central bank to allow digital banks to operate by 2025

Assistant Gov. Tharith Panpiemras revealed that virtual banks would be regulated in the same manner as traditional financial institutions, including...

Thailand regulator probes Zipmex over alleged unregistered earn program

Business

Wahid Pessarlay

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13 January, 2023

Thailand regulator probes Zipmex over alleged unregistered earn program

Thailand's Securities and Exchange Commission has opened a new investigation into the activities of Zipmex to clarify how its ZipUp/ZipUp+...

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