City Bangkok Financial News

08.04 / 10:37

Adoption Airdrop Thailand Opposition Leader Vows $300 Crypto Airdrop If Elected Prime Minister – Here's What You Need to Know

The opposition leader of Thailand has promised to airdrop 10,000 baht ($300) in digital currency to anyone 16 or over should his Pheu Thai Party win the next election.

07.04 / 16:11

regulation Elections Thai political party looking at PM race promises $300 in crypto upon victory: Report

The Pheu Thai Party, a political party in opposition to the current Thailand prime minister's, has reportedly proposed giving nearly every citizen of the country roughly $300 in digital currency should it win the next election.

13.12 / 12:13

regulation SEC Thai SEC to tighten up rules for crypto, focus on investor protection

Thailand joins the growing list of countries that are seeking to revise their crypto regulation in the aftermath of the FTX collapse. And, as most of these countries do, it intends to tighten the guidelines for the industry and focus on investor protection.

01.12 / 08:55

cryptocurrency Opinion Government, RBI caution on cryptocurrencies has served India well

In the last few months we have seen a collapse in the world of cryptocurrencies. In May, the Luna Terra stablecoin crashed, and in November we saw a shocking meltdown of FTX exchange, which was a crypto exchange. If we add the continuous volatility in the prices of other cryptocurrencies, the crisis circle is complete.

07.10 / 04:43

cryptocurrency Myanmar To Hell and Back: Crypto hostages recount horrifying experience

Two months ago, Abdul (name changed) made the decision to leave India in search of a better life, just like millions of other Indians who do the same thing every year. Armed with a college degree, Abdul, who hails from Telangana, had tried his hand at a few jobs in India but found that the income was never enough.

04.10 / 17:07

Blockchain Ethereum data Bitcoin Man and machine: Nansen’s analytics slowly labeling worldwide wallets

Public blockchains can be accessed and read by anyone, but creating meaningful insights from this data is no easy feat. Millions of transactions are recorded across a variety of chains and layer-2 protocols, creating petabytes of data daily.

01.09 / 16:31

cryptocurrency Digital SEC crypto news Thailand Rolls Out New Rules To Tighten Crypto Advertising After Imposing Fines

Thailand tightens rules on crypto advertising

26.08 / 22:44

business Provident Arrow Bankruptcy 3AC’s Zhu was in Bangkok, disputed liquidator’s court filing in Singapore: Report

According to a document seen by Bloomberg, Zhu delivered the affidavit in person on Aug. 19. In it, Zhu states that Teneo “had not provided an entirely complete or accurate version of events” to the Singapore court, which granted Teneo’s request for access to 3AC records in Singapore on Aug. 22.

20.06 / 18:39

Blockchain Target Digital MetaVentures Bangkok

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

27.05 / 13:07

BLOCK Reuters Digital SEC 2024 crypto transfers Thailand Exempts Crypto Transfers from VAT Payments until 2024

The Thai government has decided to exempt crypto transfers from value-added tax (VAT) payments until December 31, 2023, following a royal decree, the Bangkok Post reported.

09.04 / 07:47

cryptocurrency crypto news crypto market Sky Mavis play Crypto and gaming collide in high-risk 'play-to-earn' economies

The 28-year-old from Bangkok was playing Axie Infinity, one of a new breed of blockchain-based online games, dubbed «play-to-earn», which blend entertainment with financial speculation. These games can make for lucrative businesses amid the hype around NFTs and virtual worlds, attracting millions of players plus billions of dollars from investors who see the games as a way to introduce more people to cryptocurrency.

08.04 / 12:01

cryptocurrency AXY Infinity Sky Mavis play Blockchain-Based "Play-To-Earn" Games Drawing Interest From Investors

Players spent $4.9 billion on NFTs in games last year, according to market tracker DappRadar.

24.03 / 04:45

cryptocurrency Digital SEC Thailand To Ban Use Of Digital Assets As Payments From April

The Bank of Thailand has said repeatedly that it does not support cryptocurrencies as payments.

09.03 / 09:05

cryptocurrency Digital Bitcoin Thailand Clears Relaxed Tax Rules For Digital Assets

Bitcoin is the most popular cryptocurrency in Thailand.

05.02 / 03:09

UPS Digital Bitcoin Thai Central Bank Developing Own Digital Currency

If you can’t beat them, join them. Unable to control the growing popularity and adoption of cryptocurrencies, which mostly remain outside of the purview of central banks and other regulatory authorities, it seems that central banks across the globe are gradually opening up to embrace the phenomenon. The latest to explore launching its own cryptocurrency is the Bank of Thailand (BoT). (See also: Can Bitcoin Kill Central Banks?)

11.01 / 06:53

regulation Taxes Thailand government to clear up crypto tax confusion

Thailand is fast-tracking its crypto tax plans as it readies regulations for digital asset traders this month in an effort to provide further clarity on crypto-related activities.

06.01 / 13:25

Government Taxes Bitcoin Crypto trades in Thailand now reportedly subject to 15% capital gains tax

The government of Thailand is progressing in regulating the local cryptocurrency ecosystem by reportedly enacting new tax rules for the industry.

16.12 / 13:31

regulation Central Bank Bitcoin Thailand to define ‘red lines‘ for crypto in early 2022

The government of Thailand is preparing a new regulatory framework for cryptocurrencies like Bitcoin (BTC) in order to minimize risks and improve investor protection.

08.12 / 06:39

regulation Central Bank NOT Central bank tells Thai banks not to offer crypto trading

The Bank of Thailand has stated that it does not want commercial banks to be directly involved in the trading of crypto assets.

02.11 / 15:31

France-UK fishing row: Macron delays retaliation to allow ongoing talks

Emmanuel Macron says France will not be starting retaliatory action against British trade on Tuesday, in order to allow talks in the post-Brexit fishing dispute to continue. The two countries met with the European Commission on Monday.

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