Thailand News

Thailand’s SEC had previously approved Bitcoin, Ether, XRP, XLM and certain tokens used for settlement by the central bank.

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.

Thailand’s SEC is reviewing spot Bitcoin ETF listings and stablecoin proposals, while the government is cracking down on Polymarket for alleged illegal gambling activities.

Former Thai PM Thaksin Shinawatra urges stablecoin adoption and online gambling legalization to boost Thailand’s revenue and innovation.

The registered crypto trading firm allegedly stole “hundreds of millions of baht” from electricity providers, amounting to at least $2.88 million.

Thailand is set to launch a pilot program in Phuket in 2025, enabling tourists to use Bitcoin for transactions and streamlining digital payments.

Buterin has made frequent crypto donations to charitable organizations, including memecoins that have been sent to his wallet address.

Excluding memecoins, there are currently tens of thousands of cryptocurrency tokens and coins, with more being developed every day.

SCB rolled out a convenient and inexpensive stablecoin wallet that is sure to appeal to tourists in Thailand.

Ethereum researcher Justin Drake said that when it comes to staking, his proposal aims to lower the requirements from 32 ETH to 1 ETH. 

The Hong Kong Monetary Authority launched Project Ensemble in March and now has at least three countries participating. 

Thailand is shifting focus to a more mature institutional-focused crypto market, according to the chief executive of Binance Thailand.

Institutional demand is driving a significant increase in onchain loans across DeFi protocols.

The Siam Commercial Bank Public Company, founded in 1907, was the first bank established in the South Pacific country.

Thailand’s high-net-worth investors would get more access to crypto funds than retail investors under the proposed changes.