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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

Well-heeled Japanese crypto holders are being targeted by Thailand’s tourism industry.

Thailand tourism board targets wealthy Japanese crypto holders

2021-02-19T04:33:31+00:00

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The SEC of Thailand is looking to establish qualifications for crypto investors as digital currency purchases increase.

Thai SEC schedules hearings to address crypto investor qualifications

2021-02-15T15:30:00+00:00

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Thailand’s finance minister is not a fan of the retail crypto mania that saw monthly trading volume triple in January.

Thai finance minister critical of current crypto speculative surge

Osato Avan-Nomayo

2021-02-11T10:07:07+00:00

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Siam Commercial Bank, over a century old, doesn't fail to keep up with the times.

Major Thai bank's venture arm sets up $50M fund to invest in blockchain, DeFi

2021-02-09T09:56:20+00:00

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The regulator had previously suspended the exchange following several brief outages due to extreme volume spikes.

Bitkub submits improvement plans to Thai SEC and resumes trading

2021-01-25T16:43:34+00:00

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As Thailand’s leading crypto exchange remains suspended, billionaire backed rival Upbit enters the scene.

Upbit launches in Thailand just days after regulators suspended Bitkub

2021-01-22T03:06:16+00:00

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Thailand’s stock exchange doesn’t want cryptocurrencies included on its new digital asset trading platform.

Thailand stock exchange to open digital asset trading... without crypto?

2021-01-20T04:16:36+00:00

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Blockchain will reportedly make tax evasion more difficult in Thailand.

Thai tax collectors to streamline revenues with blockchain tech in 2021

2020-12-07T10:56:27+00:00

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