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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.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

A Thai government center for IT, telecoms and computing R&D has developed a blockchain-based e-voting system.

Thai National Tech Development Center to Introduce Blockchain in Voting

2019-01-03T01:55:00+00:00

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Thailand has signalled it plans to take the rare step of simplifying procedures through which ICOs can raise money.

Thailand Regulator on Relaxing ICO Rules: We Want to ‘Find Greater Equilibrium’

2018-12-20T20:35:00+00:00

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Thailand-based crypto exchange Satang has set a goal to raise nearly $10 million in a coming Security Token Offering, the funds of which it will invest in devel...

Thai Crypto Exchange Satang Plans to Raise $10 Million in Security Token Offering

2018-12-05T00:33:00+00:00

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Thailand’s Revenue Department is conducting tests of a blockchain system for tracking value-added tax (VAT) payments.

Thailand’s Revenue Department Tests Blockchain for Tracking Value-Added Tax Payments

Adrian Zmudzinski

2018-12-03T18:30:00+00:00

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The deputy secretary of the Thai SEC has said the regulator has yet to decide how to regulate STOs.

Thai Securities Regulator Considers Various STO Classifications for Regulatory Framework

Adrian Zmudzinski

2018-12-01T11:06:00+00:00

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The Crypto Kingdom: Thailand proves there’s space for crypto even in authoritarian regimes.

Thailand Proves Crypto Can Win Adoption Even in Military Dictatorships

2018-11-23T16:43:00+00:00

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The Bank of Thailand’s governor says that developing countries will take some time to switch to using digital currency.

Bank of Thailand Governor: Digital Currency Use Won’t Replace Cash for Three-Five Years

2018-11-20T09:21:00+00:00

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The Thai branch of IBM will promote blockchain and AI to turn the country into a major sales hub in the surrounding region.

IBM Thailand Promotes AI, Blockchain in Order to Create Regional Sales Hub

2018-11-14T12:13:00+00:00

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