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The Securities and Exchange Commission (SEC) of Thailand has announced that it may require decentralized finance (DeFi) projects that issue cryptocurrencies to obtain corresponding licenses in the future, Bangkok Post reported today.
Thailand’s crypto traders will be soon required to be physically present for opening an account at one of the many exchanges and wallet providers based in the country, local outlet Bangkok Post reported today.
SCB 10X, the holding company of Siam Commercial Bank, Thailand’s first commercial bank, said today it was joining decentralized finance (DeFi) project Band Protocol as a node validator, as per a tweet this morning.
Late on June 1, Thailand’s high-flying OmiseGo rebranded to OMG Network.
The Siam Commercial Bank (SCB), the largest commercial bank in Thailand, retracted a statement about using Ripple’s XRP token.
Thirty people in Bangkok filed complaints with Thailand’s Technology Crime Suppression Division after they were allegedly scammed by cryptocurrency cloud mining company CryptoMining.Farm, the Bangkok Post reported.
Elevated Returns, a pioneer of Trophy Real estate Tokenization, has recently announced a partnership with Securitize, a compliance platform, and protocol for issuing and managing digital securities on the blockchain.
Thailand’s main opposition Democrat Party has become the first in the world to use blockchain technology in a live electronic voting system involving more than 120,000 voters for its primary election, Zcoin announced in a press release on November 13.
Thailand’s Securities and Exchange Commission (SEC) has issued a warning to investors against putting their money into initial coin offerings (ICOs) that are not recognized and authorized by the SEC.
Remittance payments are part of many foreign workers’ daily lives; however, traditional systems can be slow and costly.
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.
The central Bank of Thailand (BoT) revealed on Wednesday plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain.
Seven cryptocurrency businesses were approved by Thai regulators, August 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 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.
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.
The Governor of the Bank of Thailand, Doctor 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.
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.