Bitcoin adoption grew considerably in June, with 26 firms adding it to their balance sheets; meanwhile, Bitcoin’s hashrate fell 15%.
Thailand News
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The consultation period comes as Thailand seeks to clarify regulations for the crypto industry.
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Thailand’s crypto income tax waiver applies to crypto sales made through licensed crypto asset service providers from 2025 to late 2029.
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KuCoin enters the Thai market with a fully licensed exchange after acquiring ERX, Thailand’s first SEC-supervised digital token platform.
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Thailand’s SEC has ordered Bybit, 1000X, CoinEx, OKX and XT.COM blocked nationwide, citing unlicensed operation and money-laundering concerns.
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Thailand plans to let tourists use crypto via credit cards while overhauling financial laws to align capital and digital asset markets.
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The Thai government says retail investors will get the chance to buy tokenized government bonds for as little as $3.
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Tether Gold has arrived in Thailand with a listing on Maxbit, an exchange backed by PTG Energy, a major Thai energy conglomerate.
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The Seychelles-based crypto exchange will offer crypto trading to Thai investors, but it faces stiff competition.
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Hashlabs CEO Jaran Mellerud says US crypto miners could rush to buy mining rigs amid Donald Trump’s 90-day tariff pause but baseline levies will leave them at a disadvantage.
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Thai regulators are sharpening measures against digital asset mule accounts, restricting foreign crypto P2P platforms and imposing penalties of up to $8,700.
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Crypto donations in 2025 are expected to reach $2.5 billion on growing crypto wealth creation and an improving political landscape.
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The Binance co-founder pledged the funds following a 7.7 magnitude earthquake that caused casualties and severe damage in both countries.
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Thailand’s SEC had previously approved Bitcoin, Ether, XRP, XLM and certain tokens used for settlement by the central bank.
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The platform will allow securities companies to trade digital tokens to capitalize on their large investor bases, according to the Securities and Exchange Commission of Thailand.
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