Places Thailand

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 GitHub repository published by the OmiseGO team provides an insight into OmiseGO’s Tesuji milestone. Tesuji, […]

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 details of a press release, BoT referred to the protocol as a “wholesale” Central Bank Digital […]

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 businesses are allowed to pursue their business as legally-recognized operators immediately. Among the businesses are several […]

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 regulation framework in Thailand, which came into effect July 16, has legalized domestic cryptocurrency markets following two […]

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 by local news outlet Blognone on August 3, Thailand’s locally incorporated banks can now provide cryptocurrency […]

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 volition. Popularly known as “James Bond Island”, the location that put Thailand on the pop culture […]

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 process slowly progresses in the US and Europe, Southeast Asia has embraced the blockchain revolution. From […]

The Securities and Exchange Commission (SEC) of Thailand announced a regulatory framework for initial coin offerings and cryptocurrency. The details include a list of seven approved cryptocurrencies, fees, and licensing requirements. On May 14th, 2018 the Thailand SEC took charge of cryptocurrency regulations with newly approved measures taking effect at the end of June. The […]

OmiseGo’s impressive recovery has once again proven its worthiness amongst the coveted top 20 coins by market cap. A few glancing blows of controversy have not been enough to derail the coin’s recent performance, with a series of exchange listings and partnerships seeing it erupt to a two-month high. What is OmiseGo? The prodigious child […]

It’s no secret that we are in the middle of one of the worst refugee crises since World War II. Currently, there are more than 65 million people that are being displaced from their homes due to war and poverty. Often refugees are arriving in their new host countries with little to no money to […]

OmiseGo is currently experiencing slow and steady growth, recently breaking through the $2 billion market cap and pushing $20 per individual OMG. With the recent release of the open source OmeseGo eWallet and a relaunch of the OmiseGo website, OmiseGo appears positioned to make great development strides in 2018. The Southeast Asian payment-focused platform saw extreme […]