Coinbase remains ‘100% committed’ to US market: Armstrong
The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much. Go to Source Powered by WPeMatico
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Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected
A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a minister within the prime minister’s office in Thailand is concerned and has explained that the … Read more
Thai political party looking at PM race promises $300 in crypto upon victory: Report
The country’s next general election will be held on May 14, at which time all 500 seats in Thailand’s House of Representatives will be up for grabs. Go to Source Powered by WPeMatico
India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries experiencing a U.S. dollar crush. India to Offer Rupee-Based Settlement Options for … Read more
Thai SEC wants to lift restrictions on initial coin offerings
The latest proposal by the SEC of Thailand follows a series of regulatory changes targeting the digital asset market in the country. Go to Source Powered by WPeMatico
SEC of Thailand wants public feedback on crypto lending, staking ban
Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services. Go to Source Powered by WPeMatico
Thailand to offer tax breaks for investment token issuers
The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years. Go to Source Powered by WPeMatico
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and the UAE. Spain Ranks First Among Countries With Properties … Read more
Zipmex says it may resume 100% of Z wallet withdrawals subject to conditions
The creditors have until February 21, 2023, to vote on a new scheme proposed by the company. Go to Source Powered by WPeMatico
Thailand Issues New Regulations on Custodied Cryptocurrencies
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 … Read more