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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

Thai police have arrested a once-popular actor as a suspect in a $24 million Bitcoin scam.

Thai Police Arrest Suspect in $24 Million Bitcoin Scam

2018-08-10T04:08:00+01:00

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The Thai SEC has reported an increased interest to ICO licenses following the Finance Ministry's announcement on approving digital asset licensing.

Thai SEC: Interest Increases in ICO and Digital Asset Operations Licenses

2018-08-09T03:08:00+01:00

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The Bank of Thailand has permitted banks to set up branches that may issue tokens, invest in cryptocurrencies, and run crypto-related businesses.

Bank of Thailand Allows Banks to Open Subsidiaries for Crypto Dealings

2018-08-04T17:19:00+01:00

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The Thai Bond Market Association plans to boost secondary bond market liquidity through a blockchain-based registrar bond service platform.

Thai Bond Market Association to Launch Blockchain-Based Registrar Bond Service Platform

2018-07-28T06:05:00+01:00

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The Bank of Thailand’s governor says the bank is considering blockchain technology for multiple applications.

Bank of Thailand Considers Blockchain for Cross-Border Payments, Fraud Reduction

2018-07-14T11:23:00+01:00

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Thailand will enact pioneering ICO regulations this month, becoming one of the first countries to do so.

Thai Regulator Confirms July Start Date for Regulated ICOs

2018-07-05T12:14:00+01:00

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Several Thai securities companies will be applying for a joint crypto license in order to expand into the digital asset market.

Association of Thai Securities Companies Considers Launching Joint Crypto Exchange

Molly Jane Zuckerman

2018-07-02T17:45:00+01:00

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The Thai Securities and Exchange Commission has green-flagged five ICOs as being “ready” to fundraise out out 50 prospective projects.

Thai SEC Reveals 5 out of 50 ICO Applicants ‘Ready’ to Raise Funds Under New Laws

2018-06-14T17:56:00+01:00

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