Tag: Bank of Thailand

  • thailand
    Industry

    Thai Regulators Asked to Ease New Cryptocurrency Taxes

    Players in Thailand’s crypto markets have petitioned the Finance Ministry to either delay or waive altogether a combined 22% tax burden aimed at dissuading investors from putting money into ICO’s and cryptocurrency within the Kingdom. Reformers Seek Changes in New Thai Tax Before it Takes Effect On March 29,...

    John McMahon | April 17, 2018 | 5:00 am
  • Thailand
    Industry

    Bank of Thailand Implementing Blockchain, Remains Firm on Crypto Regulation

    The bank of Thailand has announced its plans to use blockchain technology to improve services while lowering operating costs and tightening security but will keep cryptocurrency regulations in place. BoT Integrating into International Ecosystem Veerathai Santiprabhob Thailand’s Central Bank Governor spoke at Thai FinTech Fair 2018 on Monday outlining...

    John McMahon | March 20, 2018 | 6:33 am
  • Thailand
    Industry

    No Crypto Ban in Thailand, but Banks Restricted

    Whenever a nation decides to investigate or regulate cryptocurrencies the mainstream media jumps on the FUD wagon and reports it as a clampdown. A couple of countries in Southeast Asia have literally cracked down such as communist China and Vietnam but most others still allow citizens to trade...

    Martin Young | February 13, 2018 | 3:55 am
  • bank of Theiland Fintech Regulation
    Bitcoin

    Bank of Thailand Expects New Fintech Regulation

    Regulation of Bitcoin has always been a topic of substantial debate. Some people see the benefit of being officially recognised, whereas others are not overly bothered by it. But if Bitcoin is to go mainstream, some regulation may be necessary for the long run. Bank of Thailand is...

    JP Buntinx | August 25, 2016 | 1:45 pm

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