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Thailand News

Thailand is a country in Southeast Asia with an area of 513,000 kilometers and a population of 68 million. Thailand has an emerging economy and is currently going through industrialization. However, Thailand is one of the major economies in Southeast Asia — second after Indonesia in terms of GDP. Thailand’s economy is based on computer components, the automotive industry, petroleum and agriculture. Bitcoin is legal in Thailand, though Thailand’s cryptocurrency exchanges and financial institutions are under some regulations. Thailand’s Bitcoin exchanges can only exchange digital currencies for Thai baht and need a Business Development Department license to perform such operations. Initial Coin Offerings are totally legal in Thailand and the SEC of Thailand even encouraged the funding of businesses with ICOs, but all those operations should be performed with the execution of all regulatory requirements.

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The Thai SEC has approved the first ICO portal in the country, and may reportedly later issue criteria that allows companies to tokenize securities and other as...

Report: Thai SEC Approves Country’s First ICO Portal

2019-03-13T00:45:00+00:00

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Petroleum refiner Bangchak Corporation Public Co. Limited is testing a blockchain-based microgrid at one of its stations in Bangkok.

Thai Petroleum Company Tests Blockchain Energy Trading Platform

2019-03-07T21:05:00+00:00

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The Thai SEC updated the list of cryptocurrencies suitable for use in ICO investments and trading pairs.

Thai SEC Added 3 Cryptos to List of Crypto Assets Suitable for ICOs and Trading

Adrian Zmudzinski

2019-02-28T13:14:00+00:00

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Thailand’s National Legislative Assembly allows for the issuance of tokenized securities on blockchain with new amendments.

Thai Parliament Approves Amendments Allowing Issuance of Tokenized Securities

2019-02-22T15:43:00+00:00

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An alleged cryptocurrency mining scam has been reported to Thai police; 140 investors are reportedly affected.

Alleged Bitcoin Mining Scam Reported in Thailand

2019-02-19T02:00:00+00:00

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Cryptocurrency exchange OKEx has launched Thai Baht trading support to its client-to-client platform.

Top Five Exchange OKEx Launches Thai Baht Trading on Its P2P Platform

Adrian Zmudzinski

2019-02-14T18:01:00+00:00

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Finablr, a major payments and foreign exchange firm based in UAE, joins RippleNet to launch cross-border payments with Thailand.

UAE Exchange and Payment Platform Unimoni Join Ripple’s Payments Network

2019-02-11T17:37:00+00:00

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Thailand’s financial regulator has granted operating licenses to four digital asset entities, while two others were rejected.

Thai Ministry of Finance Gives Digital Asset Business Licenses to Four Firms

2019-01-09T23:45:00+00:00

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