Tag Archives: Thailand

Roundup – 12/11/2018 – Activist Stores Anti-Government Song on Zcoin Blockchain & more

Activist Stores Anti-Government Song on Zcoin Blockchain An anonymous user has stored the IPFS link of an anti-government rap song of several Thai rappers. The artists accuse the Thai state of corruption, anti-democratic practices, oppression, robbery and violence. Several of the rappers have to answer before the court for the song. Currently, officials still discuss […]

Roundup – 09/11/2018 – Thailand to Approve Creation of ICO Portal & more

Thailand to Approve Creation of ICO Portal Reportedly, Thailand is going to approve the creation of an officially licensed ICO-portal. Consequentially, the country aims to officially license ICOs that fulfill all the necessary requirements. This regulated approach will end a period of crackdowns and a temporary prohibition in Thailand. eToro Cryptocurrency Wallet for Android and […]

Roundup 21/08/2018 – Bitcoin no environmental Problem, Bitconnect Scammer detained, Central Bank of Thailand defends Crypto

Bitcoin mining no environmental problem according to scientist Katrina Kelly-Pitou, an academic researcher in energy economy and computer engineering at the University of Pittsburgh published an article in which she says that Bitcoin’s much-discussed environmental problem is not really a problem. According to Kelly-Pitou, 30Twh, Bitcoin’s energy consumption is a lot, but it is “not […]

Thailand Allows Seven Crypto Firms To Operate

Thailand has made major strides in regulating the Cryptocurrency sector in the country, with the regulator, the Thai Securities and Exchange Commission (SEC) releasing the names of the seven companies that have been allowed to operate. They include five Cryptocurrency exchanges and two virtual currency dealers. The regulator has also revealed that they are currently […]

Thailand Becomes A New Haven For Crypto Traders

The decision by Thailand to put in place regulations for virtual currencies and initial coin offerings has paid off as more companies are applying for licenses to start operating in the country. So far, about 50 ICO projects want to open a business while the number Crypto exchanges applying for the license has reached 20 […]

Crypto Regulation: Weekly Roundup #27

  • By Micha Sprick
  • July 7, 2018
  • 335 Views
  • 1 Comment
Bermuda Several smalls states have successfully established themselves as crypto friendly. As Malta, Lithuania and Panama could boost their local economy, the government of Bermuda now follows their example. With its latest amendment, the island state creates a new legal status for banks providing financial services for blockchain companies. Although Bermuda already has a decent legal […]

New Rules For Initial Coin Offering (ICOs) In Thailand

The Thai Securities and Exchange Commission (SEC) has made public the new rules and regulations for initial coin offerings (ICOs) in the country. The new rules are clear on the roles of ICO portals, issuers, and investors. The SEC will have a major role to play before and during the ICO launch in the country. […]

Thailand To Endorse 5 ICO Projects

The Thailand financial regulator will use a new regulatory framework to validate five ICO projects. The country has over 50 ICO projects, but only five of them met the requirements. The new framework will come into force this month. The Approval Of The Five ICO Projects Bangkok Post has reported that Thailand Securities and Exchange […]

Respite as Thailand Waives the 7% VAT on Individual Cryptocurrency Traders

The Revenue Department of Thailand has just declared the abolishment of the 7 percent Value Added Tax (VAT) that had earlier been imposed on individual traders in the Cryptocurrency market. Thailand has experienced massive growth of the crypto market over the last few months and has now officially incorporated the trade on the country’s exchange […]

New Cryptocurrency Exchange Introduced in Philippines, Vietnam, Thailand & Korea

There are several crypto exchanges that are being opened in various corners of the world. The latest ones have been opened in the Philippines, South Korea, Vietminh, and Thailand. South Korea’s New Cryptocurrency Exchange Coinbit is the name of the new Cryptocurrency exchange that has been opened in South Korea. This new platform that is […]