Thai SEC Reveals 5 out of 50 ICO Applicants ‘Ready’ to Raise Funds Under New Laws
Thailand: only 5 out of 50 ICO applicants are “ready” to raise funds under new regulations in the country Go to Source Powered by WPeMatico
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Thailand Expects to Approve Five ICO Projects out of 50
The Thai financial regulator is expected to approve five ICO projects once the new regulatory framework takes effect this month. Out of 50 ICO projects in the country, only five satisfy the registration requirements set out by the regulator this week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Five ICO Projects Expected to … Read more
CBDCs Are a Superior Monetary Policy Tool: Former FDIC Chair
Central bank digital currencies have elicited mixed responses around the world, but for one former chair of the US Federal Deposit Insurance Corporation, they might offer a better tool to conduct monetary policy than existing methods. In an opinion piece published on Yahoo Finance, Sheila Bair called on the Federal Reserve to seriously evaluate the … Read more
Thailand Securities Regulator Lays Out Guidelines For Crypto Industry
The Thailand Securities and Exchanges Commission announced new regulations for the cryptocurrency industry that are expected to take effect later this month. The new regulations stipulate a defined number of market intermediaries who will receive trading licenses, with crypto exchanges and brokerage firms getting an equal number of spots. The commission also cleared 7 cryptocurrencies … Read more
Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies
The Securities and Exchange Commission of Thailand has unveiled the details of the country’s regulatory framework for cryptocurrencies and initial coin offerings, including licensing requirements, fees, and a list of seven approved cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Approved Cryptocurrencies The Thai Securities and Exchange Commission (SEC) announced on Friday the … Read more
Thailand’s Central Bank Eyes Creating Its Own Digital Currency for Interbank Settlements
Thailand’s central bank is considering issuing its own digital currency, claiming that it would reduce transaction times and costs for interbank settlements Go to Source Powered by WPeMatico
Chinese Exchange Launching Southeast Asian Crypto Trading Hub
Chinese exchange Zb.com has set up a branch in Thailand with a plan to turn it into the regional crypto trading hub in Southeast Asia. The move came as the Thai government finalizes the country’s regulatory framework for cryptocurrencies and initial coin offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Creating Regional Hub … Read more
Biggest Thai Bank Joins R3 Consortium’s Trade Finance Pact Marco Polo
Thailand’s biggest bank comes on board with Marco Polo, a DLT initiative from R3 Consortium Go to Source Powered by WPeMatico
Thai Cryptocurrency Experts Engage the Government Regarding Taxation Guidelines
Cryptocurrency regulation has always been a rather controversial topic. It is, by default, nearly impossible to effectively regulate an industry which is decentralized and has no central entity. Even so, officials in Thailand are looking to make inroads in this area. They will meet with blockchain and cryptocurrency experts this week to discuss future laws … Read more
Mitsubishi, MUFG Conduct Successful Pilot Payment With Major Thai Bank’s Blockchain
Mitsubishi Group and a Singapore bank complete cross-border payment using major Thai bank Krungsri’s blockchain tech Go to Source Powered by WPeMatico