Thai SEC Warns Public About New Crypto Scam Operating Overseas
The Thai SEC has warned the public about a new scam posing as legal crypto trading firms operating outside Thailand Go to Source Powered by WPeMatico
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Xendpay Joins RippleNet to Expand Global Money Transfer Services
International money transfer service Xendpay joins RippleNet to expand currency options and speed Go to Source Powered by WPeMatico
Over 5 Million Merchants Throughout Thailand Now Accept Zcoin Payments
Users of Satang App can now use Zcoin as payment at over 5 million Thai merchants by scanning a QR code Go to Source Powered by WPeMatico
Central Banks Worldwide Testing Their Own Digital Currencies
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft cryptocurrency bill. Also … Read more
Standard Chartered Makes Letter of Credit Transaction Using Blockchain
Standard Chartered has completed its first cross-border blockchain letter of credit transaction in the oil industry with Thai state-owned oil giant PTT Group Go to Source Powered by WPeMatico
Thailand Gov’t Will Amend AML Laws to Regulate Cryptocurrency
An official of the Thai Anti-Money Laundering Office announced that it will amend its regulation to prevent crypto use for illicit activities Go to Source Powered by WPeMatico
Huobi to Launch Regulated Thailand-Based Crypto Exchange in Q3 2019
Huobi’s Thailand-based subsidiary has sealed the country’s fifth official license to operate a fully-regulated digital asset exchange Go to Source Powered by WPeMatico
Bank of Thailand is Open to Discuss Libra, Concerned Over Security
Bank of Thailand governor Veerathai Santiprabhob said that the institution is open to discussing Facebook’s Libra stablecoin with the company Go to Source Powered by WPeMatico
Thailand Approves 4 New Cryptocurrency Service Providers
The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules, conditions, and procedures have been introduced for digital asset businesses. Also read: G20 … Read more
Expert: Facebook’s Libra Could Face Difficulties Entering Thai Market
Fiscal Policy Office legal officer Sumaporn Manason stated that Libra will likely face difficulties entering Thailand Go to Source Powered by WPeMatico
