thailand crypto – DIGIT INFO

Thailand to Launch Crypto Payments in Tourist City of Phuket

DIGIT — Wed, 08 Jan 2025 15:20:40 +0000

Thailand plans to pilot crypto payments in Phuket, making it easy for tourists to pay for goods and services using digital assets. Tourists Will Soon Be Able to Pay for Goods and Services in Bitcoin Pichai Chunhavajira, Thailand’s Deputy Prime Minister declared on Wednesday, Jan. 8 at a seminar organized by the Thailand Marketing Association […]

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Thailand should study crypto to remain relevant — former Thailand PM

DIGIT — Sat, 14 Dec 2024 19:55:08 +0000

Excluding memecoins, there are currently tens of thousands of cryptocurrency tokens and coins, with more being developed every day.

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Thailand Issues New Regulations on Custodied Cryptocurrencies

DIGIT — Thu, 19 Jan 2023 06:30:51 +0000

The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital wallet management system to accommodate efficient custody of digital assets and keys and ensure safety of clients’ assets,” the regulator described. Thai SEC’s New Crypto Rules Thailand’s Securities […]

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Zipmex requests meetings with Thai regulators to discuss ‘recovery plan’

DIGIT — Fri, 26 Aug 2022 04:14:58 +0000

The firm stated that its potential investors will also attend the meetings, which will include Zipmex, Thailand’s SEC, and government agencies.

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Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets

DIGIT — Wed, 10 Aug 2022 03:30:55 +0000

Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank has no room to enter into the regulatory framework except for notifying that cryptos are not a legal means of payment […]

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Thailand Approves Tax Relief Measures for Crypto Trading

DIGIT — Fri, 11 Mar 2022 11:00:39 +0000

The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet approved new tax relief rules Tuesday for crypto trading, according to an […]

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Thailand Plans to Become ‘Crypto-Positive Society’ — Governor Says ‘Crypto Is the Future’

DIGIT — Sun, 28 Nov 2021 23:00:36 +0000

Thailand is laying the groundwork to become a “crypto-positive society” with the aim to attract crypto holders and boost its tourism industry. The country hopes to gain back some of the $80 billion in lost tourism revenue due to the Covid-19 pandemic and subsequent shutdown. Thailand Plans to Attract Crypto Holders The Tourism Authority of […]

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Thai lawmakers urged to approve tourism crypto to entice digital nomads

DIGIT — Fri, 26 Nov 2021 04:00:50 +0000

The rollout of the Tourism Authority of Thailand’s TAT Coin is coming closer to fruition, and is now awaiting government approval according to local figures.

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Thailand Sees Rising Adoption of Cryptocurrencies as Means of Payment — Warns of Risks

DIGIT — Sat, 10 Jul 2021 23:30:26 +0000

Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its stance on crypto and warns of the risks of using them as a means of payment. The Bank of Thailand (BOT), the country’s central bank, issued a warning notice titled […]

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Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion

DIGIT — Thu, 04 Mar 2021 18:35:10 +0000

The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country’s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter. People ‘Misunderstood’ Minimum Annual Income Rule, Claims the SEC According to the Bangkok Post, the Thai SEC is retracting from […]

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