Thailand sets timeline for CBDC pilot project launch
The Bank of Thailand will launch a pilot project to test a retail CBDC. According to the regulator's statement, the limited-scale tests will take place in the private sector.
News and updates related to Thailand.
Thailand sets timeline for CBDC pilot project launch
The Bank of Thailand will launch a pilot project to test a retail CBDC. According to the regulator's statement, the limited-scale tests will take place in the private sector.
Thai bitcoin investor robbed a jewellery store over losses on the crypto market
Bangkok police arrested a suspect in the jewellery-store robbery worth around 1.8 million baht (more than $50,000). It is reported that he intended to compensate for losses from bitcoin investments.
Thai regulators revoke Huobi’s crypto exchange license
Huobi's bitcoin exchange operator closes its Thailand unit after the Ministry of Finance revoked its license.
In December, Thailand will host the second WOW MetaVentures Bangkok summit on metaverses.
On 14–15 December in Bangkok, the second international summit WOW MetaVentures Bangkok, dedicated to metaverses, NFTs and biotech, will take place.
Taiwanese nationals arrested in Bangkok over cryptocurrency fraud scheme
Thai police arrested six Taiwanese residents in Bangkok. Investigators say they duped more than 500 people in a cryptocurrency investment fraud.
Thailand extends VAT exemption for cryptocurrency transfers through the end of 2023
The Thai government has exempted transfers of digital assets involving licensed cryptocurrency exchanges from value-added tax. The rule will be in effect through the end of 2023, according to the Bangkok Post.
Binance to launch a regulated Bitcoin exchange in Thailand
Binance has formed a joint venture with Gulf Energy Development, the Thai billionaire Sarath Ratanavadi's company, which will apply for a cryptocurrency exchange licence in Thailand.
Thailand to ban use of cryptocurrencies in payments
From 1 April 2022, businesses in Thailand were advised to stop accepting payments in digital assets. This requirement is contained in the notice by the local Securities and Exchange Commission (SEC) following a joint study with the central bank.
Blockchain enthusiast announces metaverse summit on Phuket
From May 7 to 9, an international MetaVentures Phuket summit on the Thai island of Phuket will focus on the latest developments in metaverses, NFTs and DeFi.
Thai agencies study cryptocurrency payments for Russian tourists
Phuket Tourism Association (PTA) and the Bank of Thailand are studying the possibility of cryptocurrency payments for Russian tourists amid financial sanctions on the country over its invasion of Ukraine. The Nation Thailand reports.
Thailand drops plan for 15% tax on cryptocurrency trades
Thai authorities abandoned plans to levy a 15% income tax on cryptocurrency transactions. This followed warnings from industry representatives about the detrimental impact such a move could have on the sector's potential, the Financial Times reports.We use cookies to improve the quality of our service.
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