The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years.
Thailand Offers $1B Tax Break for Firms Issuing Investment Tokens: Reuters
The waiving of corporation and sales taxes targets companies that issue digital tokens for investment
Crypto Exchange Zipmex to Restart Customer Withdrawals After Closing Takeover Deal
Zipmex, the South East Asian cryptocurrency exchange that found itself embroiled in a credit crunch last year, will re-open customer withdrawals this week.
Zipmex says it may resume 100% of Z wallet withdrawals subject to conditions
The creditors have until February 21, 2023, to vote on a new scheme proposed by the company.
SEC of Thailand issues crypto custody provider rules
The Thai securities regulator now requires crypto custodians to have a contingency plan in case of occurrence of any unforeseen events.
Bank of Thailand to allow first virtual banks by 2025
By allowing virtual banks, Thailand seeks to boost competition and economic growth.
Crypto exchange Zipmex probed by Thai SEC amid buyout
The cryptocurrency exchange is the subject of a probe by local monetary authorities in Thailand for a potential breach of local rules for digital asset service providers.
Thai SEC to tighten up rules for crypto, focus on investor protection
Thailand’s chief regulator highlights the importance of tighter control over the cryptocurrency-related advertisements.
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023.
5,000 miles apart: Thailand and Hungary to jointly explore blockchain tech
The pact between the two nations’ financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries.
BIS releases full report on mBridge wholesale CBDC platform after successful pilot
The Bank for International Settlements is on a roll with its third publication within days detailing how commercial banks in four jurisdictions transferred funds using CBDC.
Crypto exchange Bitkub targeted by Thai SEC with wash trading claims
2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars.
BIS marks CBDC pilot as ‘successful’ with $22M transacted
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.
White House’s first crypto framework and missed opportunities — Law Decoded, Sept. 12-19
The industry didn’t take the document well, as the policymakers’ focus on security and enforcement is all too visible.
Thai SEC intends to ban crypto lending in the country
The Securities and Exchange Commission of Thailand is preparing to take radical measures in the aftermath of the summer’s crypto lending platforms’ crashes.
Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures
The Cyber Crime Investigation Bureau in Thailand will now consider whether to pursue legal action against Zipmex following the SEC’s allegations.
Thailand SEC to apply strict guidelines for crypto ads
Cryptocurrency-related adverts in Thailand will have to meet strict rules as the Securities and Exchange Commission looks to emulate foreign standards.
Thai SEC alleges Bitkub CTO committed insider trading
“The act of Mr. Wajanasathian is an offense of buying KUB coins by being a person who knows or possesses inside information,” said Thailand’s financial regulator.
The Bank of Thailand to pilot Retail CBDC by the end of 2022
The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks.
Thai SEC approves four crypto firms despite Zipmex woes
Thailand’s regulators are still approving crypto companies despite one of its largest ones suspending withdrawals.