Thailand | ForkLog

ForkLog 14 17.01.2022

Binance to help launch a cryptocurrency exchange in Thailand

Binance signed a memorandum of understanding with Gulf Innova Company Limited, the subsidiary of Gulf Energy Development Public Company Limited owned by Thai billionaire Sarath Ratnavandi.

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ForkLog 23 20.12.2021

72 Bitcoin miners worth $60,000 destroyed in a fire in Thailand

In early December, a Bitcoin mining farm in Chiang Mai province, Thailand, consisting of 72 ASIC miners, burned down.

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ForkLog 3 08.12.2021

Bank of Thailand flags risks in banks’ trading of digital assets

The Bank of Thailand does not welcome local financial institutions engaging in cryptocurrency trading due to inherent volatility. The remarks were made by Chaiwadi Chai-Anant, senior director of corporate communications at the BoT, according to Bangkok Post.

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ForkLog 12 26.11.2021

Thai authorities to consider launching a ‘tourist’ token

The Tourism Authority of Thailand (TAT) will hold further discussions with the country’s Securities and Exchange Commission (SEC) on launching a utility token, TAT Coin, to develop 'crypto-tourism'. This was reported by Bangkok Post.

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ForkLog 13 04.11.2021

Thailand’s oldest and third-largest bank, Siam Commercial Bank (SCB), buys 51% stake in Bitkub for $536 million

The oldest and third-largest bank in Thailand, Siam Commercial Bank (SCB), invested about 17.85 billion Thai baht (~$536 million) in the cryptocurrency exchange Bitkub by purchasing 51% of its shares.

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ForkLog 16 08.10.2021

How to buy property in Thailand with cryptocurrency — interview with VillaCarte founder

VillaCarte founder Vadim Buhkalov told ForkLog about the features of deals with digital assets, Thailand's cryptocurrency regulation, and the advantages of investing in local real estate.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 29.09.2021

Thailand’s Tourism Authority plans to launch its own token

Thailand's Tourism Authority (TAT) has floated the idea of launching a utility token, TAT Coin, aiming to capitalise on the growth in cryptocurrency ownership. The Bangkok Post reports.

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ForkLog 5 20.09.2021

Thailand approves Ethereum-based Initial Fraction Offering in real estate

The Thai Securities and Exchange Commission (SEC) issued a specialized-services license to the Hong Kong-based subsidiary of fintech startup Fraction Group. The firm is allowed to issue and trade Ethereum tokens backed by physical and digital assets.

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ForkLog 10 06.09.2021

Thai regulator urges revocation of Huobi bitcoin exchange license

The Thai Securities and Exchange Commission (SEC) has asked the Ministry of Finance to revoke the digital asset trading license of Huobi’s local subsidiary. This is stated on the site.

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ForkLog 6 31.08.2021

Thai Zipmex bitcoin exchange raises $41 million

Thai cryptocurrency exchange Zipmex has raised $41 million. Investors include the country’s fifth-largest lender Bank of Ayudhya (BAY), media firms, and venture funds.

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ForkLog 9 25.08.2021

Thai authorities propose regulatory framework for crypto custodians.

The Securities and Exchange Commission of Thailand (SEC) opened public hearings on proposed amendments to the rules governing digital asset custodians.

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ForkLog 7 26.07.2021

Thai telecoms company turns to Bitcoin mining

Thai-based Jasmine Telecom Systems (JTS), a subsidiary of the Jasmine International Public Company telecommunications group, has joined the Bitcoin-mining industry. Bangkok Post reports this.

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