Thai SEC forced to clarify proposed crypto rules after public backlash
Thailand’s Securities and Exchange Commission has walked back previous plans to enact a 1 million baht (about $33,000) minimum annual income requirement for crypto investment...
Category : Thailand
Thai SEC consults public on crypto investor income rules
The Securities and Exchange Commission of Thailand has launched a public consultation on proposed cryptocurrency investor qualification rules. According to an official announcement Thursday, the...
Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain
Several major banks across Asia have joined forces to construct a cross-border central bank digital currency, according to a joint announcement issued on Feb. 23....
Thailand tourism board targets wealthy Japanese crypto holders
In its latest effort to revive the Kingdom’s pandemic-battered tourism industry, Thailand’s tourism authority is targeting cryptocurrency holders from Japan. The Tourism Authority of Thailand...
Thai SEC schedules hearings to address crypto investor qualifications
A major financial regulator in Thailand is looking to determine qualifications for cryptocurrency traders to ensure investor protection. The Securities and Exchange Commission of Thailand...
Thai finance minister critical of current crypto speculative surge
Thailand’s booming cryptocurrency trading market is causing some concern for government officials. According to Bloomberg, Arkhom Termpittayapaisith — the country’s finance minister — has warned...
Major Thai bank’s venture arm sets up $50M fund to invest in blockchain, DeFi
Siam Commercial Bank — Thailand’s oldest bank, established by royal charter back in 1907 — is cementing its reputation as a strong backer of innovative...