Thailand

Thailand

Thai Government Trials Blockchain in Fight Against Tax Fraud

The tax authority in Thailand is testing a blockchain system that tracks value-added tax (VAT) invoices and potentially eliminate fakes.

Policy & regulation  ·  3 December 2018
Bitcoin

Crypto Millionaire Lost 5,500 Bitcoins in Alleged Investment Scam

A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.

Policy & regulation  ·  13 August 2018
Exchanges

20 Thai Crypto Exchanges Have Applied for New Digital Assets Licenses

Thailand's new licensing scheme for digital asset companies has seen a flurry of applications from ICO and crypto exchanges.

Policy & regulation  ·  9 August 2018
Security

Thailand Is Planning a ‘Bond Coin’ for Faster Securities Settlement

A self-regulatory organization in Thailand is planning to create a custom token aimed to speed up corporate bond settlement in the country.

Policy & regulation  ·  16 July 2018
Thailand

Thailand SEC Reveals Date for Enacting ICO Licensing Rule

After a months-long process that saw public hearings and legislative debates, Thailand regulators said a rule on ICOs will take effect this month.

Policy & regulation  ·  5 July 2018
Exchanges

Thai Securities Firms to Team Up for Crypto Exchange Launch

With a new cryptocurrency law taking effect soon, a group of traditional securities firms in Thailand plans to jointly launch an exchange.

Policy & regulation  ·  2 July 2018
Regulation

Thailand’s SEC Expects to Approve 5 ICOs This Month

Thailand's securities regulator is reportedly about to make the country one of the first to register token sales in a regulated environment.

Business  ·  14 June 2018
Thailand

Thailand Trials Central Bank Digital Currency for Interbank Settlement

Thailand's central bank is examining how a blockchain-based digital currency could make interbank settlement both faster and cheaper.

Policy & regulation  ·  7 June 2018
Thailand

Thailand’s Top Exchange Plans Blockchain Funding Market

The Stock Exchange of Thailand unveiled a crowdfunding platform built on blockchain technology to widen the access to capital funds for startups.

Business  ·  7 May 2018
Exchanges

Thailand Targets New Crypto Taxes While Others Move to Ease Burdens

A weekly roundup of regulatory moves by different nations and agencies.

Policy & regulation  ·  4 May 2018
Regulation

Thailand Inches Closer to Cryptocurrency Taxation

Thailand is expected to enact a law soon that will mandate cryptocurrency traders for both value added tax as well as capital gain tax.

Policy & regulation  ·  2 April 2018
Thailand

14 Thai Banks Back Blockchain Platform to Digitize Contracts

Fourteen Thai banks will cooperate in the Thailand Blockchain Community Initiative, which will digitize letters of guarantee on a shared blockchain.

Business  ·  19 March 2018
Regulation

Thailand’s Cabinet Moves to Regulate and Tax Cryptocurrencies

The Thai Cabinet has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states.

Policy & regulation  ·  14 March 2018
Thailand

Thai Bank Extending Ripple Remittances to Euro and Pound

Thailand's Siam Commercial Bank is adding two new currencies to its Ripple-based blockchain remittance platform.

Business  ·  13 March 2018
Thailand

Thai Bank Taps IBM for Contract Management Blockchain Pilot

Thailand's Bank of Ayudhya and IBM have completed a blockchain pilot aimed to streamline the contract management process.

Business  ·  7 November 2017