New ASEAN blockchain consortium targets cross-border cooperation
The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness. Go to Source Powered by WPeMatico
thailand
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Thai crypto adoption is booming, with volume up 588% since November
While crypto volumes surge on Thailand’s licensed exchanges, P2P platforms appear to be falling out of favor Go to Source Powered by WPeMatico
Bank of Thailand to begin central bank digital currency tests in 2022
Thailand’s central bank is calling for public comments on its proposed plan to launch a sovereign digital currency within the next five years. Go to Source Powered by WPeMatico
Thai SEC says investors should have crypto trading experience
Secretary-general Ruenvadee Suwanmongkol said the commission will be offering a free training course for investors who have no experience trading in cryptocurrencies. Go to Source Powered by WPeMatico
Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law
Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT) is currently working on a regulatory framework for stablecoins. Thailand Bans Baht-Pegged Stablecoin The Bank of Thailand, the country’s central bank, issued a press release Wednesday declaring a stablecoin called … Read more
Bank of Thailand plans to regulate asset-backed stablecoins this year
After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoins in 2021. Go to Source Powered by WPeMatico
Thailand’s central bank warns against ‘illegal’ THT stablecoin
The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers. Go to Source Powered by WPeMatico
Thailand’s largest movie theater chain accepts Bitcoin
Major Cineplex Group is starting to accept Bitcoin as part of a crypto pilot project. Go to Source Powered by WPeMatico
Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion
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 … Read more
Thai SEC forced to clarify proposed crypto rules after public backlash
Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage. Go to Source Powered by WPeMatico
