Thailand News

Does Paetongtarn Shinawatra’s ascent to power mark the dawn of a crypto-friendly Thailand, or is her silence on the issue a sign of caution? Who is the new Thailand PM, and why does it matter? Thailand has made history by…

Thai authorities raided an illegal Bitcoin mining operation in Ratchaburi, a town west of Bangkok, following reports of frequent blackouts over the past month.  According to AFP reports, the raid, carried out by the Provincial Electricity Authorities and local police,…

China has successfully extradited a suspect involved in a massive $14 billion cryptocurrency pyramid scheme from Thailand.  The suspect, identified as Zhang, is accused of leading the MBI Group, which allegedly lured over 10 million investors with promises of high…

Thai financial regulators have officially launched a Digital Asset Regulatory Sandbox to promote broader crypto adoption in Thailand.  The sandbox allows participants to test crypto-related services under flexible regulation, with the goal of developing the Thailand digital asset capital market.…

The Indian Embassy of Laos recently rescued 14 Indian youths from cyber-scam centers in the Golden Triangle Special Economic Zone in the Bokeo province of Laos. These individuals were deceived with fake job offers, leading them to Laos where they…

Thailand has unveiled the rollout date for its long-delayed cash handout to boost the economy and tackle high household debt. Thailand has announced the rollout date for its digital currency giveaway aimed at revitalizing economic activity and addressing the nation’s…

Beleaguered crypto exchange Zipmex has lost its business license after the Thai authorities found that the exchange had repeatedly failed to comply with orders. Thai cryptocurrency exchange Zipmex has lost its business license after the Securities and Exchange Commission (SEC)…

The Thailand Securities and Exchange Commission (SEC) approved the first spot Bitcoin (BTC) exchange-traded fund (ETF) in the country, making it available only to ultra high net-worth individuals. According to the Thailand-based daily newspaper Bangkok Post, the country’s SEC gave…

In an interview with crypto.news Oliver Linch, CEO of Bittrex Global, discussed Thailand’s regulatory direction regarding the cryptocurrency sector. Thailand’s Securities and Exchange Commission (SEC) has intensified its regulatory framework to curb unlicensed crypto activities, citing fraud and money laundering…

Thai authorities have decided to prohibit unauthorized cryptocurrency platforms in order to improve law enforcement’s efficiency in combating internet crime, as per an announcement made on April 19. Following a meeting of the Technology Crime Prevention and Suppression Committee, Thailand’s…

Thailand’s biggest crypto exchange Bitkub is hiring advisers to go public on the Stock Exchange of Thailand next year. Bitkub Capital Group Holdings, the owner of Thailand‘s largest crypto exchange by trading volume Bitkub, has started hiring advisors for its…

Thailand's cabinet approved a tax exemption measure for crypto earnings to boost the country's competitive edge in digital finance.

The Thailand Securities and Exchange Commission (SEC) recently reviewed its rules to give asset management firms in the private sector the greenlight to launch spot Bitcoin ETFs. Leading Thailand-based daily newspaper Bangkok Post disclosed this in a report today, citing…

Thai securities regulator has filed charges against former Zipmex Thailand CEO with financial crimes and regulatory violations. The Securities and Exchange Commission (SEC) of Thailand has brought charges against Akarlap Yimwilai, the former director and CEO of Zipmex Thailand, alleging…

In a bid to become a crypto hub, Thailand has removed value-added tax for crypto trading with immediate effect. According to a report by the Bangkok Post, the Finance Ministry of Thailand is set to establish the country as a…

Zipmex will have to hit pause in Thailand and adjust its compliance with local laws after warnings of inadequate business practices.