Thailand News

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.

Thailand’s SEC has declined to allow trading of spot Bitcoin ETFs, citing that foreign-approved Bitcoin ETFs are still in nascent stages and may not align with the economic needs of the Thai market. The US securities market regulator’s recent approval…

Gulf Binance, a collaborative venture between global cryptocurrency exchange Binance and Thailand’s Gulf Innova, has officially launched its exchange services in Thailand. On Jan. 16, Binance TH announced that its exchange is now open to all eligible users. According to…

Thailand’s second-largest bank, Kasikornbank Pcl, is charting a course to develop a digital-asset ecosystem, providing a unique funding avenue for companies. With the recent acquisition of Thai licensed crypto exchange, Satang Corp., Kasikornbank is now encouraging some clients to explore…

MetaMask broadens its global presence with key partnerships in Vietnam, the Philippines, Indonesia, Thailand, Egypt, and Chile. In a Dec. 8 post on X, MetaMask, a well-known software cryptocurrency wallet, unveiled new partnerships in Vietnam, the Philippines, Indonesia, Thailand, Egypt,…

Troubled cryptocurrency exchange Zipmex has proposed its creditors nearly 30 cents per dollar of claims as part of its restructuring plan. Embattled crypto exchange Zipmex has offered its creditors 29.35 cents per dollar as the firm is seeking new options…

The suspension comes as Zipmex faces various challenges, including delays in customer payments, liquidity issues, and ongoing investigations by the SEC Thailand.

Binance is set to publicly launch a crypto exchange in Thailand in early 2024 in partnership with the local energy powerhouse Gulf Energy Development. According to a filing with the Stock Exchange of Thailand on Nov. 15 by Gulf Energy,…

Kasikornbank has acquired $103 million worth of shares of the Satang crypto exchange through its subsidiary Unita Capital. Thailand’s financial giant Kasikornbank (KBank) has bought 97% shares of the local crypto exchange dubbed Satang Pro, Thai newspaper Bangkok Biz News…

According to Thailand’s Deputy Minister of Finance Julapun Amornvivat, the giveaway will not be launched on Feb. 1, as planned. Thailand will not launch the long-awaited “airdrop” on time as the government needs more time to develop “a safe system,”…