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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

After issuing a warning against a Baht-pegged stablecoin produced by a South Korea-based firm, Thailand plans to introduce a series of regulations for stablecoi...

Bank of Thailand plans to regulate asset-backed stablecoins this year

2021-03-19T12:00:53+00:00

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The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers.

Thailand’s central bank warns against ‘illegal’ THT stablecoin

2021-03-18T03:49:27+00:00

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The Thai SEC says the total number of crypto accounts rose by nearly 300% over the course of the last 180 days.

Thailand’s crypto market seeks clearer regulations as industry interest peaks

2021-03-06T06:53:22+00:00

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SCB 10X, the venture arm of Thailand's oldest bank, is participating in an $80 million Series C fundraising round for institutional crypto custodian and digital...

Thai bank's venture arm invests in institutional crypto custodian Anchorage

2021-03-05T12:44:28+00:00

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Major Cineplex Group is starting to accept Bitcoin as part of a crypto pilot project.

Thailand’s largest movie theater chain accepts Bitcoin

2021-03-05T08:48:11+00:00

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Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage.

Thai SEC forced to clarify proposed crypto rules after public backlash

Osato Avan-Nomayo

2021-03-02T11:10:23+00:00

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Thai investors who do not qualify for crypto trading under proposed SEC rules would still be able to invest through licensed fund managers.

Thai SEC consults public on crypto investor income rules

2021-02-25T08:34:22+00:00

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Some of Asia's largest banking institutions are working together on a “multiple” CBDC project, designed to cross borders and navigate regulations easier than fi...

Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain

2021-02-23T11:00:23+00:00

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