Thailand’s SEC Proposes New Rules for Crypto Custodians

Thailand has been significantly increasing its regulation of crypto.

News  ·  25 August 2021

Thailand CBDC Trial to Test Use as Cash Substitute

The CBDC will be used for "cash-like activities within a limited scale," such as paying for goods and services.

News  ·  19 August 2021

EU-Thailand Remittance Corridor Opened on Stellar Blockchain

Velo Labs has joined with TEMPO Payments and Bitazza to facilitate transfers on the Stellar blockchain.

News  ·  11 August 2021

Top South Korean Money Transfer Firm Joins RippleNet to Further Remittances to Thailand

Ripple is focusing on Asia, which the company has said is its fastest-growing market.

News  ·  11 August 2021

Venture Arm of Thailand’s Oldest Bank Says DeFi Will Disrupt Traditional Finance

"I think traditional financial companies like us should actively explore, invest and adopt DeFi," said SCB 10X's Mukaya Tai Panich.

News  ·  12 July 2021

Bank of Thailand: Don’t Use Crypto for Payments

The central bank stressed that cryptocurrencies are not legal tender in Thailand.

Policy & regulation  ·  8 July 2021

Thailand SEC Files Criminal Complaint Against Binance

The SEC alleges the crypto exchange is operating a digital-asset business in the country without a license.

News  ·  2 July 2021

No DOGE Allowed? Thai SEC Bans Meme, Fan and Exchange Tokens as Well as NFTs

The move by the Thai SEC is just the latest action by the regulator as it works to provide a framework for crypto in the kingdom.

News  ·  12 June 2021

Thai SEC Warns DeFi Transactions Could Be Subject to Applicable Licensing Law

The agency is signaling it may move to regulate the country's DeFi sector.

News  ·  1 June 2021

Brooker Group to Invest Almost $50M in DeFi, Dapp Startups

The publicly listed company said it already holds bitcoin.

Business  ·  11 May 2021

In-Person ID Checks May Be on the Way for Thai Crypto Exchange Users: Report

New exchange users will have to use machines to scan their ID card chips before they can open a crypto account, says an industry exec.

Policy & regulation  ·  4 May 2021

Thailand’s Fourth Largest Bank by Assets Exploring DeFi Offering: Report

The chairman of KBank's technology arm said DeFi is a "key exploration" for the banking group throughout 2021.

News  ·  12 April 2021

Thai Central Bank Warns Against ‘Illegal’ Use of Baht-Denominated Stablecoin

The Bank of Thailand has deemed any activity involving the THT stablecoin "illegal" on the basis it violates the nation's Currency Act.

News  ·  18 March 2021

Thai SEC Backtracks on Unpopular Proposal for New Crypto Investor Qualifications

Thailand's SEC now says it didn't mean it when it proposed a $33,000 minimum annual income for new crypto traders.

News  ·  2 March 2021

Central Banks of China, UAE Join Hong Kong-Thailand CBDC Payments Project

The project will explore the capabilities of a DLT-based central bank digital currency in regional payments.

Tech  ·  23 February 2021