Thai Authorities Seize $8.6 Million in Bitcoin Mining Equipment
Authorities in Thailand have seized bitcoin mining equipment valued at $8.6 million (300 million baht) from seven organizations suspected of financing Chinese scam groups.News and updates related to Thailand.
Thai Authorities Seize $8.6 Million in Bitcoin Mining Equipment
Authorities in Thailand have seized bitcoin mining equipment valued at $8.6 million (300 million baht) from seven organizations suspected of financing Chinese scam groups.
Thai data regulator orders World to stop iris-scanning service
Thailand’s PDPC ordered TIDC Worldverse to suspend its iris-scanning service.
Thailand and KuCoin to Launch Tokenized Government Bonds
Thailand's Ministry of Finance has selected KuCoin as its first international partner for the G-Token tokenized government bonds program.
South Korean Accused of Laundering $50 Million by Converting Bitcoin to Gold
Authorities in Thailand have arrested a South Korean national accused of laundering 1.6 billion baht (~$50 million) for a call centre gang. He allegedly exchanged cryptocurrency for gold bars.
Thailand to Launch Cryptocurrency Exchange Program for Tourists
On August 18, Thailand will introduce the TouristDigiPay initiative, enabling foreign visitors to convert cryptocurrency into Thai baht for online payments. This was reported by Crowdfund Insider. The service will allow tourists to exchange digital assets and make electronic payments by scanning a QR code. According to journalists, the new program will be announced at […]
Robonomics Deploys Web3 Air Quality Sensors on Thailand’s Hippie Island
The Robonomics team has installed and connected the first two air quality sensors to the Web3 cloud on the island of Phangan, Thailand. This was reported to ForkLog by the project’s architect, Sergey Lonshakov. The First Altruists on the hippie Island of Phangan!Together with the local community, we’re exploring how to build an environmental monitoring […]
Thailand’s SEC Proposes New Cryptocurrency Listing Rules
The Securities and Exchange Commission of Thailand (SEC) has proposed new rules for the listing of digital assets, opening them for public consultation until July 21. The initiative aims to develop the ecosystem and support innovation while maintaining investor protection. The main change allows crypto exchanges to list their own utility tokens or assets of […]
Thailand Abolishes Cryptocurrency Profit Tax
Thailand’s Cabinet has exempted digital asset transactions from income tax for a period of five years, according to Deputy Finance Minister Julapun Amornvivat. [? Full steam ahead! The government is pushing to promote Thailand as the world’s digital asset hub ???] I have good news to share! Today, the Cabinet has approved tax measures to […]
Thailand to Implement AI Regulation to Stay Ahead in Technological Progress
The Thai government plans to approve an “Artificial Intelligence Act” to regulate the use of AI within the kingdom. This was reported by the Bangkok Post, citing Wisit Wisitsora-at, Secretary of the Ministry of Digital Economy and Society. According to the ministry representative, government bodies have already assessed AI’s capabilities in blocking “illegal websites.” AI […]
Thailand to Restrict Access to Five Cryptocurrency Exchanges
The Securities and Exchange Commission of Thailand (SEC) announced an impending block on the exchanges Bybit, OKX, CoinEx, XT.com, and 1000X. The regulator cited their operation without the necessary licenses as the reason. Access to the exchanges’ websites will be restricted by the country’s Ministry of Digital Economy and Society (MDES) starting June 28, 2025. […]
Thailand’s SEC Bans G-Token for Payments and Transfers
The Securities and Exchange Commission (SEC) of Thailand has officially approved the issuance rules for the G-Token, a state digital token. Developed by the Ministry of Finance to cover the budget deficit, the instrument cannot be used for payments or transfers. The G-Token will be issued through an approved ICO portal in July, with the […]
Thailand to Launch Investment Token to Bolster Budget
The Thai government plans to issue a digital investment token, G-Token, to raise 5 billion baht ($150 million). This was announced by Finance Minister Phaychai Chunhawajira, according to Bloomberg. The initiative has been approved by the cabinet and fully complies with the requirements of the Bank of Thailand. The token will be offered to the […]We use cookies to improve the quality of our service.
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