Staff at three Thai banks and an investor in the Stock Exchange of Thailand (SET) are among the people implicated in a mega bitcoin scandal, local media reported on August 16. According to the Thai police, several bank employees failed to report huge transfers to the country’s Anti-Money Laundering Office, a violation of the country’s […]
The Securities and Exchange Commission (SEC) of Thailand has licensed several cryptocurrency-related businesses to operate, including cryptocurrency exchanges. Magnificent Seven In an official statement, the SEC wrote that the five approved exchanges are Bitcoin Co Ltd (BX), Bitkub Online Co Ltd, Cash2coins Co Ltd, Satang Corporation (Tdax) and Coin Asset. The two approved cryptocurrency dealers […]
Five crypto exchanges and two crypto dealers get green light from Thai SEC
A high-profile crypto case involving a well-known actor and model has come to public attention in Thailand following the enforcement of the country’s crypto regulations. Over 5,564 BTC were reportedly stolen from a bitcoin millionaire. The alleged ringleader has fled to the U.S. Thailand’s main crypto regulator is cooperating with the police on the case. […]
A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.
A suspect in a $24 million Bitcoin scam has been arrested on charges of money laundering by Thai authorities
Around 50 prospective initial coin offerings have displayed interest in securing a licence from Thailand’s Securities and Exchange Commission. The news follows an approval of the licensing of digital currency businesses, which took effect last month. Of the 50 Interested in Licenses, Three Have Applied Already Since the Thai Finance Ministry announced that they would… […]
In Thailand, initial coin offerings (ICOs) may soon be finding their legal footing after approximately 50 ICO projects displayed interest in applying for licenses to operate. Application progress According to local media outlet The Bangkok Post, the Thai Securities and Exchange Commission (SEC) has seen a growing interest in those wishing to raise funds through […]
Thailand’s new licensing scheme for digital asset companies has seen a flurry of applications from ICO and crypto exchanges.
Bank of Thailand has permitted banks to set up branches for dealing with cryptocurrencies, while the main crypto-dealings ban still remains
Thailand’s largest movie theater chain has given the green light to its clients for paying for their moviegoing with cryptocurrency according to Bitcoin.com. Major Cineplex has reported that it plans to integrate cryptocurrency into its current payments system in partnership with Swiss payment company Rapidzpay. There are currently 143 theaters in the Thai chain throughout […]
Thailand’s largest movie theater chain, Major Cineplex, is reportedly integrating crypto payments to allow customers to pay for its services and products with cryptocurrency, including movie tickets and popcorn. Thailand recently began regulating crypto businesses. This week, the Thai Securities and Exchange Commission started accepting license applications from crypto operators. Also read: Yahoo! Japan Confirms Entrance […]
The Thai Bond Market Association will deploy a blockchain-powered bond registrar platform to accelerate bond issuance time and boost secondary market liquidity
A Singapore-based property company has claimed to be the first real estate developer in Southeast Asia to implement blockchain technology for conducting individual and institutional investment business in the sector, writes E27. The company, NOON Capital, plans to utilize Ethereum technology in the financing and management of its real estate investments, two of which are […]
Thailand’s government has confirmed that the Thai Bond Market Association (TBMA) is currently developing a state-run token to ensure payments and the clearing of corporate bonds, according to BTC Manager. The token, “Bond Coin”, according to a Bangkok Post report, will be built over a private blockchain and will ensure transactions between pre-selected participants such […]