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The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the country’s crypto regulator, the Thai Securities and Exchange Commission (SEC), to approve the launch “very soon.” Stock Exchange of Thailand Prepares to Launch a Digital Asset Exchange The president of the Stock Exchange … Read more
The SET announced its digital asset exchange early last year, originally planning to avoid cryptocurrencies. Go to Source Powered by WPeMatico
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly predicted. Former Central Bank Director Warns Crypto Market Will Soon Crash Former Bank of Thailand (BOT) Director Anusorn Thammajai reportedly warned that the … Read more
The Thai Revenue Department had initially intended to tighten oversight of cryptocurrency trading after seeing substantial market growth. Go to Source Powered by WPeMatico
Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential impacts on the country’s financial stability and economic system.” The announcement was issued by the Bank of Thailand, the Thai Securities and Exchange Commission, and the Ministry of Finance. Cryptocurrency Will Be a Means of … Read more
The joint committee of BOT, SEC and MOF believes the current payment infrastructure is efficient and digital assets would add no extra benefits. Go to Source Powered by WPeMatico
Thai ruling party MP calls for due diligence from Excise Department to study the crypto market carefully before imposing any tax Go to Source Powered by WPeMatico
Binance has locked in an agreement as Thai government officials expedite crypto regulations which could pave the way for the firm to open a branch in the Kingdom. Go to Source Powered by WPeMatico
Under the handle “Paco De La India”, the YouTuber said he planned to visit 40 countries, often using Bitcoin transactions to pay for everything he needed. Go to Source Powered by WPeMatico
As Thailand prepares to impose a levy on crypto profits, parties on both sides of the aisle have expressed concerns over the government’s current proposal. A number of political figures have insisted that important aspects need to be clarified in order to avoid double taxation of income related to cryptocurrencies. Thai Politicians Warn About Negative … Read more
