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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 authorities are cracking down on drug networks and the methods they use to launder their profits, including cryptocurrency.

Thailand Vows to Crack Down on Narco Profits Stashed in Commodities and Crypto

2020-06-26T10:47:00+01:00

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The Bank of Thailand launched a project to pilot test its CBDC payment system with the largest building material provider in the country.

Bank of Thailand Launches Digital Currency Pilot Project

Mohammad Musharraf

2020-06-19T10:41:00+01:00

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Australian blockchain firm Power Ledger has announced a partnership to develop a digital energy company in Thailand, utilizing its peer-to-peer renewable energy...

Power Ledger Brings Peer-to-Peer Renewable Energy Trading to Thailand

2020-05-25T14:36:00+01:00

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The partnership between Azimo and a Thai bank aims to deliver instant remittance payments with RippleNet.

Ripple Integration Brings Instant Payments to Thailand

2020-04-10T23:00:00+01:00

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Thai fintech DeeMoney has deepened its integration with blockchain-based financial services network RippleNet, further consolidating Ripple’s presence in Asia.

Ripple Cements Asian Presence Through Partnership With Thai Fintech DeeMoney

2020-03-19T11:01:00+00:00

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Huobi Thailand launches amid the coronavirus outbreak with the long-term goal of bringing crypto payments to the country’s financial system.

Huobi Thailand Launches Amidst Coronavirus Outbreak

Michael Kapilkov

2020-03-05T16:16:00+00:00

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Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency project for cross-border payments.

Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments

2020-01-22T13:39:00+00:00

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Thailand’s securities regulator has granted a coveted digital assets exchange license to Asia-Pacific crypto-fiat trading platform Zipmex.

Thai SEC Grants License to Asia-Pacific Crypto Exchange

2020-01-20T11:02:00+00:00

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