Thailand

Remittance payments are part of many foreign workers’ daily lives; however, traditional systems can be slow and costly. In Japan, there are approximately 45,000 Thai employees working around the clock to send money home to their families–and Ripple’s solution...

Ethereum-based payment platform OmiseGO announced a major step forward in the quest for DLT scalability, releasing an early alpha of a Plasma-based scaling solution that may potentially increase the transaction capacity of the OMG network. Announced via a Medium post,...

The central Bank of Thailand (BoT) revealed on Wednesday plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the first such development in the South East Asian region. Thailand’s Hopes for Economic Boost As per...

Seven cryptocurrency businesses were approved by Thai regulators, Aug. 16, to legally conduct digital asset operations as part of the country’s shift toward optimizing the local blockchain, ICO and cryptocurrency ecosystem. Thailand’s Cryptocurrency Push According to the Thai SEC, seven...

Thailand’s forward-leaning crypto policy has catalyzed rapid blockchain platform development, with the Thai SEC receiving 20 applications for new digital asset exchanges and more than 50 applications for token offerings since launching new regulatory framework in July. The crypto...

Continuing its decisive development spree for the optimal growth of the cryptocurrency sector, the Bank of Thailand (BoT) passed a resolution to allow local banks to set-up cryptocurrency-focused subsidiaries for dealing with related businesses. Thailand’s Cryptocurrency Push As reported...

The Governor of the Bank of Thailand, Dr. Veerathai Santiprabhob, alluded to the use of blockchain technology as part of a national effort to further Thailand’s economic potential.

The Thai Securities and Exchange Commission officially announced the upcoming launch of a new regulatory framework for cryptocurrencies and initial coin offerings (ICOs), scheduled to come into effect July 16, 2018.

Thailand shot to silver screen stardom in the 1974 blockbuster movie “The Man with the Golden Gun”, filmed in the Khao Phing Kan area. Fast forward to 2018, Thailand seems to be shooting into the crypto era with innovative...

Cryptocurrencies such as Bitcoin and Ethereum are widely considered by many market participants to function as investment vehicles — real-world applications of blockchain technology take a back seat to speculation with mass adoption remaining a distant goal. While this...