Category: Thailand

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Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors Repayment Window Now Open

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors Repayment Window Now Open  Read more »Sign up for e-EUR…
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India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries experiencing a U.S. dollar crush. India to Offer Rupee-Based Settlement Options for…
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Thai Crypto Exchange Zipmex’s $100 Million Bailout Stumbles as Payment Missed

The future of troubled crypto exchange, Zipmex, hangs in the balance as its $100 million bailout deal faces jeopardy due to a missed payment of $1.25 million on March 23.  The deal was with V Ventures, a subsidiary of Thoresen Thai Agencies Pcl, and the exchange is yet to receive the latest payment. … Read More:…
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Today in Crypto: Tender.fi Hacker Returns Stolen Funds, Hedera Confirms Exploit and Turns Off Mainnet Proxies, Meta Mulling Decentralized Text-based App

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Tender.fi Hacker Returns Stolen Funds, Hedera Confirms Exploit and Turns Off Mainnet Proxies, Meta Mulling Decentralized Text-based App  Read more »Sign up for e-EUR – the progressive stablecoin

SEC of Thailand wants public feedback on crypto lending, staking ban

Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services. Thailand’s Securities and Exchange Commission (SEC) is preparing to hold a new public hearing on a potential ban on staking and lending services in the country. Thailand’s SEC officially announced on March 8 that the authority…
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Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks for Investment Tokens Issuers

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________        … Read More: Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks…
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Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study

A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and the UAE. Spain Ranks First Among Countries With…
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Thailand Issues New Regulations on Custodied Cryptocurrencies

The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital wallet management system to accommodate efficient custody of digital assets and keys and ensure safety of clients’ assets,” the regulator described. Thai SEC’s New Crypto Rules Thailand’s Securities…
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Today in Crypto: Digital Yuan Used to Buy Securities, Monex Group Interested in FTX Japan, Bitget Launches Copy Trading in Spot Market

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Digital Yuan Used to Buy Securities, Monex Group Interested in FTX Japan, Bitget Launches Copy Trading in Spot Market  Read more »Sign up for e-EUR – the progressive…
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Bank of Thailand to allow first virtual banks by 2025

By allowing virtual banks, Thailand seeks to boost competition and economic growth. Bank of Thailand (BOT) has disclosed plans to allow virtual banks to operate in the country for the first time. Financial firms will be able to provide services by 2025, a Bloomberg report shows.  The ‘Consultation Paper on Virtual Bank Licensing Framework’ has…
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