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Huobi crypto exchange wins licenses in Dubai and New Zealand as Thai affiliate closes
21.6.2022
Huobi cryptocurrency exchange is expanding its global footprint by winning its first-ever licenses in Dubai and New Zealand
‘This Is the Usual’: Thai Central Bank Governor on CBDC Pilot Delay
1.6.2022
Thailand Exempts Crypto Transfers From VAT Until End of 2023
25.5.2022
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce...
Jumpstart AAPI Month With Thai Survival Horror And Five More Hidden Gems
6.5.2022
I answer the questions dutifully—“Where are your parents from?” “My dad is from Bangladesh, my mom is from Bulgaria”—but growing up in predominantly white Long Island made me embarrassed that anyone ever had to ask. I’m pale. My hair is thin and bleached blonde, and I could never grow it out to...
Buakaw Banchamek, A Living Legend in Muay Thai, To Launch The NFT Collection, With Perks For Holders
4.5.2022
To celebrate Thai’s boxing legend, Buakaw Club 1 will be launched on May 08, 2022, introducing 10,000 generative NFT art collections of the legend BUAKAW Banchamek, the greatest fighter to ever live in Muay Thai, Thailand. Each NFT art piece is uniquely designed to preserve Buakaw’s fighting...
Thailand Adopts Rules Restricting Cryptocurrency Payments From April
23.3.2022
Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only bring risks for the financial system, economy, people and businesses. Thailand SEC Issues...
Thailand Approves Tax Relief Measures for Crypto Trading
11.3.2022
The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet...
Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions
8.3.2022
A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face...
Stock Exchange of Thailand to Launch Digital Asset Exchange ‘Very Soon’
24.2.2022
The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the country’s crypto regulator, the Thai Securities and Exchange Commission (SEC), to approve the launch “very soon.” Stock Exchange of Thailand Prepares...
Here’s how Thai Stock Exchange plans to connect crypto with its digital asset platform
22.2.2022
The SET announced its digital asset exchange early last year, originally planning to avoid cryptocurrencies
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March
10.2.2022
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly predicted. Former Central Bank Director Warns Crypto Market Will Soon Crash Former Bank...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax
3.2.2022
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get feedback … It is much more friendly to both investors and the industry,” said...
Thailand Announces Cryptocurrency Will Be Regulated as Means of Payment
26.1.2022
Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential impacts on the country’s financial stability and economic system.” The announcement was issued by the Bank of Thailand, the Thai Securities and Exchange...
Thai regulators team up to issue guidelines on digital assets payments
25.1.2022
The joint committee of BOT, SEC and MOF believes the current payment infrastructure is efficient and digital assets would add no extra benefits
Crypto taxation could deter investors, says Thai ruling party MP
21.1.2022
Thai ruling party MP calls for due diligence from Excise Department to study the crypto market carefully before imposing any tax
Binance to Launch New Cryptocurrency Exchange in Thailand After Thai SEC Filed Criminal Complaint
19.1.2022
Crypto exchange Binance is launching a new exchange in Thailand after the country’s Securities and Exchange Commission (SEC) filed a complaint against the company for operating without a license. Binance has now signed an agreement with Gulf Energy Development, a Thai public company,...
Former Thai SEC chief lays out three critical issues with crypto taxations
17.1.2022
The Thai Revenue Department is looking to impose a 15% capital gains tax on crypto trading
Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains
13.1.2022
As Thailand prepares to impose a levy on crypto profits, parties on both sides of the aisle have expressed concerns over the government’s current proposal. A number of political figures have insisted that important aspects need to be clarified in order to avoid double taxation of income...
Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos
7.1.2022
A crackdown on bitcoin mining by China has led to an increase in the number of Thai investors that have acquired and are operating mining rigs, a report has said. The report adds that many of these investors are currently earning between $30 and $40 per day from each mining rig. Chinese Crackdown...
Crypto Scammer Arrested in Bangkok After Fleeing With 500 Million Baht
28.12.2021
A man allegedly behind a cryptocurrency investment scam has been arrested in Bangkok, Thailand. He lured people into investing in his fraudulent crypto scheme by promising high returns, telling investors they could earn a 400% return by investing in just 200 days. Alleged Crypto Scammer Arrested...