Thailand Financial News

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.

30.11 / 14:47

CryptoExplainer open Crypto Tourism: Thailand Plans To Open Grounds For Crypto Tourism. Know What It Is And The Other Countries Promoting This Form Of Tourism

El Salvador became the first country to adopt Bitcoin as a legal currency

30.11 / 07:27

cryptocurrency Target Digital Thailand May Soon Accept Bitcoin, Ether, Other Crypto For Travel

Thailand drew almost 40 million foreign travelers in 2019.

29.11 / 20:11

Ethereum ETF Google Bitcoin El Salvador Buys Bitcoin Dip Again, WisdomTree Launches 3 Crypto ETPs + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

29.11 / 15:57

cryptocurrency Thailand bets on crypto millionaires to revive COVID-battered tourism industry

Eyeing the nouveau-riche crypto millionaires as a means to bring back to life the severely damaged tourism economy, the Tourism Authority of Thailand (TAT) is collaborating with local cryptocurrency exchanges and companies to develop infrastructure for accepting crypto as a medium of exchange for tourism.

26.11 / 12:49

Blockchain Target Digital Nano Thailand Eyes Crypto Tourism to Increase GDP

Thailand could see a new phase in its tourism sector as the country is planning to target crypto digital nomads to increase its gross domestic product (GDP).

26.11 / 07:21

business Government Adoption lawmakers Thai lawmakers urged to approve tourism crypto to entice digital nomads

A push in Thailand to boost gross domestic product (GPD) by targeting crypto digital nomads is coming closer to fruition according to local media.

21.11 / 13:13

Digital XRP World Economic Forum releases findings of interoperability study on three CBDCs

Two CBDCs have been formally introduced and are recognized by international regulators. However, more are unfolding by the day or functioning on an unofficial basis. Naturally, the next question they must tackle is interoperability. To that end, the World Economic Forum [WEF] published its findings as part of the Digital Currency Governance Consortium White Paper series.

20.11 / 12:27

Environment Money Bitcoin Mining Bitcoin is putting communities on the frontline of the climate crisis at risk, say experts

The rise of cryptocurrencies could disproportionately impact those most vulnerable to the climate crisis, a new paper has found.

09.11 / 14:14

Digital Cooper MasterCard Mastercard Partners with 3 Firms to Launch First Crypto-Linked Payment Cards in Asia Pacific

Payment giant Mastercard announced on Tuesday that it will enter cryptocurrency payments in the Asia-Pacific region.

09.11 / 00:55

business MasterCard credit cards BREAKING: Mastercard launches crypto-linked cards across Asia-Pacific

Credit card giant Mastercard made a big splash in the digital asset market on Tuesday by announcing the launch of crypto-linked payment cards across the Asia-Pacific region.

08.11 / 12:47

Target Digital CEO Platform acquires Thai Bank SCB Acquires Local Crypto Exchange Bitkub for $536.7M

Thailand’s oldest bank, Siam Commercial Bank Plc (SCB), announced on Tuesday, November 2, that it acquired a majority stake (51%) in local cryptocurrency exchange Bitkub for a deal worth 17.85 billion baht ($536.7 million).

05.11 / 05:31

COST UPS Platform Action CBDCs: Project mBridge to enter pilot stage next year

CBDC fever has spurred many financial institutions across the world into action. Along with the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the U.A.E., the People’s Bank of China [Digital Currency Institute], and the Hong Kong Monetary Authority are working together to develop a multi-CBDC platform – or bridge – for international remittances.

04.11 / 03:05

Digital CEO Platform Strategy digital asset exchange stake Siam Commercial Bank buys controlling stake in digital asset exchange Bitkub

Under the deal, SCB Securities will become Bitkub’s major shareholder and will be responsible for engaging closely with the company as a business partner in building a business and digital asset ecosystem and exchange.

02.11 / 19:43

business Banks stake Siam Commercial Bank purchases 51% stake in crypto exchange Bitkub

Thailand’s oldest bank plans to become the majority shareholder of one the largest crypto exchanges in the country after a $536.7 million purchase.

02.11 / 19:23

Ethereum coinbase BitMEX Bitcoin Nike & Microsoft Rush Into Metaverse, Thai Banking Giant Goes Crypto + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

28.10 / 13:53

business Blockchain Digital Currency Thailand’s biggest shopping center trialing digital currency

Central Retail Corp., a leading firm in Thailand's retail industry, is testing a digital currency among its employees. After the sandbox phase is finished, the retail giant plans to extend the service to customers and the general public, according to a report by Bloomberg.

28.10 / 13:22

Blockchain Digital Merit Platform Thai Retail Giant to Introduce Crypto Coin for Its Shopping Malls

Thailand’s biggest shopping centre developer is planning to introduce a digital currency among employees, Bloomberg reported Thursday.

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