Thai investors who do not qualify for crypto trading under proposed SEC rules would still be able to invest through licensed fund managers.
Category: thailand
New Crypto Rules in Thailand Could Require Traders to Show Income Before Opening Trading Accounts
Thailand seeks to introduce a new set of rules for retail crypto investors, specifically targeting those who want to open accounts. The Thai financial watchdog could require domestic crypto exchanges to ask traders for proof of income. Thai SEC Could Also Ask Crypto Investors to Prove Their Knowledge of the Market According to a Bloomberg […]
Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain
Some of Asia’s largest banking institutions are working together on a “multiple” CBDC project, designed to cross borders and navigate regulations easier than fiat.
Thailand Authorities Are Targeting Japanese Crypto Holders to Boost Tourism
Thailand seems to be interested in catching Japanese crypto holders’ attention via tourism. The country wants to establish a crypto-friendly touristic hotspot and the first targeted country is the nation of the rising sun. Program Aims to Add New Segments With ‘High Spending’ Per Bangkok Post, the Tourism Authority of Thailand (TAT) seeks to put […]
Thailand tourism board targets wealthy Japanese crypto holders
Well-heeled Japanese crypto holders are being targeted by Thailand’s tourism industry.
Thai SEC schedules hearings to address crypto investor qualifications
The SEC of Thailand is looking to establish qualifications for crypto investors as digital currency purchases increase.
Thailand’s Securities Regulator Eyes Qualifications for New Crypto Investors
The regulator believes new cryptocurrency investors should have a certain level of trading experience and financial reserves.
Thai finance minister critical of current crypto speculative surge
Thailand’s finance minister is not a fan of the retail crypto mania that saw monthly trading volume triple in January.
Major Thai bank’s venture arm sets up $50M fund to invest in blockchain, DeFi
Siam Commercial Bank, over a century old, doesn’t fail to keep up with the times.
Bitkub submits improvement plans to Thai SEC and resumes trading
The regulator had previously suspended the exchange following several brief outages due to extreme volume spikes.