Thailand Archives

Thailand scraps 7% digital asset tax for traders in new relaxed tariff laws

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12 March, 2022

Thailand scraps 7% digital asset tax for traders in new relaxed tariff laws

Thai Finance Ministry announced new tax rules that seek to promote digital currency trading, a month after a public outcry...

Thailand scraps 15% digital currency withholding tax

Business

Steve Kaaru

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6 February, 2022

Thailand scraps 15% digital currency withholding tax

The Thai taxman was to begin collecting the 15% tax this year, but it will now only impose capital gains...

The CoinGeek Pulse Episode 75: Meta joins COPA, China pilots blockchain app, BSV Global Blockchain Convention in Dubai

Business

Stephanie Tower

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4 February, 2022

The CoinGeek Pulse Episode 75: Meta joins COPA, China pilots blockchain app, BSV Global Blockchain Convention in Dubai

BSV blockchain will be at the center of the first BSV Global Blockchain Convention. The three-day event will be held...

3 Thai regulators team up to issue digital currency payment guidelines

Business

Steve Kaaru

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3 February, 2022

3 Thai regulators team up to issue digital currency payment guidelines

Bank of Thailand, the Securities and Exchange Commission, and the Finance Ministry issued the joint statement where they said digital...

Thai tax agency to finalize digital currency tax guidelines in January 2022

Business

Steve Kaaru

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14 January, 2022

Thai tax agency to finalize digital currency tax guidelines in January 2022

Thai taxman expects to impose a 15% withholding tax on digital currency profits but will hold a public hearing to...

The CoinGeek Pulse Episode 71: Shanghai Metaverse plan, Bitcoin mining in SE Asia, Bitcoin Genesis Day celebrates 13 years

Business

Stephanie Tower

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7 January, 2022

The CoinGeek Pulse Episode 71: Shanghai Metaverse plan, Bitcoin mining in SE Asia, Bitcoin Genesis Day celebrates 13 years

This week marks the 13th year of the Bitcoin Genesis Block. It first appeared on January 3, 2009, containing the...

OneCoin-linked scammer who allegedly fled with 500M baht arrested in Thailand

Business

Steve Kaaru

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4 January, 2022

OneCoin-linked scammer who allegedly fled with 500M baht arrested in Thailand

Mana Jumuang and his co-conspirators, who were allegedly affiliated with OneCoin, claimed to be running stores and selling goods such...

Thailand to delay digital currency testing to late 2022

Business

Steve Kaaru

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29 December, 2021

Thailand to delay digital currency testing to late 2022

The initial testing of Thailand’s central bank digital currency, initially set for Q2 in 2022, will be pushed to later...

Thailand tourism industry wants to attract digital currency millionaires

Business

David Abel

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5 December, 2021

Thailand tourism industry wants to attract digital currency millionaires

The Thai government is looking at issuing a digital currency, building a new tourism ecosystem, and developing a wallet to...

Thailand’s oldest bank buys 51% stake in Bitkub exchange

Business

Steve Kaaru

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6 November, 2021

Thailand’s oldest bank buys 51% stake in Bitkub exchange

Siam Commercial Bank invested $537 million to buy into Bitkub, with the CEO saying that the purchase was based on...

BIS: CBDCs can slash the cost of cross-border remittances by 50%

Business

Steve Kaaru

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4 October, 2021

BIS: CBDCs can slash the cost of cross-border remittances by 50%

The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...

Tourism Authority of Thailand considers utility token creation

Business

David Abel

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3 October, 2021

Tourism Authority of Thailand considers utility token creation

The Thai economy suffered a great impact due to the pandemic and the government is looking at innovations to resolve...

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