Here’s how Thai Stock Exchange plans to connect crypto with its digital asset platform
The SET announced its digital asset exchange early last year, originally planning to avoid cryptocurrencies.
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The SET announced its digital asset exchange early last year, originally planning to avoid cryptocurrencies.
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,”…
The Thai Revenue Department had initially intended to tighten oversight of cryptocurrency trading after seeing substantial market growth.
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…
The joint committee of BOT, SEC and MOF believes the current payment infrastructure is efficient and digital assets would add no extra benefits.
Thai ruling party MP calls for due diligence from Excise Department to study the crypto market carefully before imposing any tax
While Thai crypto investors and miners are required to pay the tax in 2022, exchanges are reportedly exempt from the new duty.
Thailand is among the countries capitalizing on China’s crypto crackdown, with retail investors increasingly mining crypto.
The economist's remarks come as nations around the world consider how to control cryptocurrencies.
“Cryptocurrencies cannot become a means of payment,” Bank of Thailand governor Sethaput Suthiwartnarueput stated.