Thailand Financial News
04.05 / 11:15
business
Blockchain
Web3
Funding
Bitget pledges $10M for Blockchain4Youth corporate responsibility project
On May 4, cryptocurrency derivatives exchange Bitget announced it would allocate $10 million over five years for its novel corporate social responsibility project. Dubbed "Blockchain4Youth," the project will provide blockchain courses and certifications through Bitget Academy and host campus lectures in partnership with universities worldwide. In addition, Bitget staff wrote:
24.04 / 13:31
Blockchain
CBDC
Adoption
regulation
Yuan
China to expand CBDC use case for Belt and Road Initiative
China is expanding the use cases for its central bank digital currency (CBDC) called digital yuan or e-CNY for its Belt and Road initiative and cross-border trades. The digital yuan a.k.a. digital RMB was one of the first CBDCs to be developed and widely tested. While there hasn’t been an official launch, the government has expanded its testing parameter to include multiple cities and millions of people.
22.04 / 16:07
business
Gemini
Derivatives
Winklevoss Twins
Gemini to launch derivatives platform outside the United States
United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country.
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.
07.04 / 15:05
security
Legal
Bitcoin
creditors
open
Today in Crypto: Do Kwon Converted Millions in Illicit Funds to BTC, Robinhood to Pay $10.2M in Penalties, Mt Gox Creditors Repayment Window Now Open
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
04.04 / 10:37
Provident
Digital
Strategy
UAE central bank selects technology and legal partners for CBDC project
The first phase of the strategy, which is expected to take place over the next 12 to 15 months, comprises three primary pillars. These include initiating real-value cross-border CBDC transactions for international trade settlement, proof-of-concept work for bilateral CBDC bridges with India, and finally, proof-of-concept work for domestic CBDC issuance covering wholesale and retail usage.
30.03 / 11:51
business
regulation
ICO
Crowdfunding
restrictions
Thai SEC wants to lift restrictions on initial coin offerings
Thailand’s Securities and Exchange Commission (SEC) is preparing to soften retail investment restrictions related to initial coin offerings (ICO) to boost digital investments.
24.03 / 20:21
business
Venture Capital
consequences
bail
Venture capitalists bail on Zipmex bailout, company warns of consequences: Report
Cryptocurrency exchange Zipmex has reportedly not received the latest payment under its buyout agreement with venture capital firm V Venture. The exchange has sent a letter to the firm warning that it will have to begin liquidating one of its units without that money.
24.03 / 13:39
Zipmex
Crypto Exchange
Thai Crypto Exchange Zipmex's $100 Million Bailout Stumbles as Payment Missed
Troubled crypto exchange Zipmex's $100 million bailout deal is in jeopardy as the exchange has not received its latest payment due March 23.
10.03 / 19:45
Blockchain
Hack
SEC
security
Gaming
Social Network
Returns
Exploit
Today in Crypto: Tender.fi Hacker Returns Stolen Funds, Hedera Confirms Exploit and Turns Off Mainnet Proxies, Meta Mulling Decentralized Text-based App
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
10.03 / 12:39
regulation
lending
Staking
SEC of Thailand wants public feedback on crypto lending, staking ban
Thailand's Securities and Exchange Commission (SEC) is preparing to hold a new public hearing on a potential ban on staking and lending services in the country.
08.03 / 17:09
Ethereum
Citi
BTC
Platform
Real Estate
Southern
Spain Leading the Way in Crypto-powered Real Estate Sales Sector – Report
Spain has become the center of gravity for the fledgling crypto-powered real estate sector, a new study has found.
07.03 / 19:07
Telegram
Gaming
TON
Nazi
Crypto scams
tax breaks
Today in Crypto: Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks for Investment Tokens Issuers
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________
07.03 / 17:13
business
regulation
Investments
Tokens
Taxes
tax breaks
Thailand to offer tax breaks for investment token issuers
The government of Thailand is moving to benefit from the digital asset industry growth by allowing tax-free issuance of digital tokens for investment.
24.02 / 02:25
21.02 / 16:47
Binance
Compilation
coinbase
Bitcoin
BIS Report inspects aftermath of 2022’s crypto crashes, concludes…
The Bank of International Settlements (BIS) recently published its 59th bulletin titled “Crypto shocks and retail losses.” The report took a closer look at the aftermath of the crypto crashes of 2022, which affected millions of investors and left several firms bankrupt.
20.02 / 13:43
Blockchain
Provident
CEO
Action
Remark
Gemini
Southern
Bull run
Crypto’s next bull run will come from the east, says Gemini co-founder
Cameron Winklevoss, the co-founder of Gemini, recently opined that the next crypto bull run will come from the East. His remarks come amid a ramp-up in enforcement action and impending crackdowns by the U.S. regulators, including the Securities and Exchange Commission (SEC).
20.02 / 05:41
Blockchain
Adoption
Gemini
Asia
Bitcoin
Bull run
Crypto’s next bull run will come from the East: Gemini co-founder
Crypto's next bull run will start in Asia, according to Cameron Winklevoss, an American investor, and co-founder of crypto exchange Gemini.
15.02 / 23:39
business
Blockchain
Withdrawals
Zipmex says it may resume 100% of Z wallet withdrawals subject to conditions
According to a new press release on Feb. 15, Thai cryptocurrency exchange Zipmex stated that it sent a new scheme to all firm's eligible creditors through its scheme manager KordaMentha. As told by Zipmex, the creditors have until Feb. 21, 2023 to vote on the scheme and "will receive 100% of their digital assets in the Z Wallet" if the scheme is approved and the cryptocurrency closes its pending investment deal.
06.02 / 11:11
business
Binance
defi
regulation
Taxes
Crypto users
Binance Tax launched to prepare crypto users for the tax season
For many countries, the tax season is right around the corner, which means companies in the crypto industry will need to be ready to help their users comply with local regulations.
breaking news about Thailand
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