Thailand has formally launched the TouristDigiPay initiative, allowing foreign visitors to seamlessly convert cryptocurrency into Thai baht for electronic payments in an ambitious bid to revitalize its struggling tourism sector amid dwindling international arrivals. Announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, the program went live on August ...
Thailand’s Securities and Exchange Commission (SEC), in collaboration with the Bank of Thailand, has proposed a national digital asset regulatory sandbox that would allow foreign tourists to convert cryptocurrencies into baht for use during their stay. This initiative aims to enhance the use of digital assets within the tourism sector ...
Thailand’s Securities and Exchange Commission (SEC) is inviting public feedback on proposed amendments to its digital asset listing regulations as part of broader efforts to tighten oversight while promoting a secure and transparent crypto ecosystem. The SEC launched a public consultation this week, allowing citizens, businesses, and stakeholders to weigh ...
Thailand has approved a five-year capital gains tax exemption on cryptocurrency transactions as part of a broader strategy to position itself as a global digital asset hub. The Ministry of Finance confirmed that the exemption will apply to personal income tax on gains from the sale of digital assets conducted ...
KuCoin has officially launched KuCoin Thailand, a fully licensed digital asset exchange operating under the supervision of Thailand’s Securities and Exchange Commission (SEC). This development marks the company’s first locally regulated platform in Southeast Asia, reinforcing its strategic push into one of the region’s most dynamic crypto markets. Following a ...
In a bold move to democratize access to government debt instruments, Thailand’s Ministry of Finance is set to issue $150 million worth of digital investment tokens, opening the door for everyday investors to participate in the government bond market. The initiative, announced by Finance Minister Pichai Chunhavajira and reported by ...
KuCoin continues its global expansion by launching a fully licensed crypto-trading platform in Thailand. The platform, operated through ERX Company Limited, has successfully secured a digital asset exchange license from Thailand's Securities and Exchange Commission, enabling it to operate legally in the country. As part of the collaboration, ERX has ...
The Thailand International Digital Business & Finance Center (TIDC) has appointed Rushi Manche, co-founder of Movement Labs, and Tekin Salimi, founder of Dao5, as advisors to enhance the country’s blockchain technology and digital finance ecosystem. Wai Man Raymond Chu, Director of TIDC, confirmed the appointments in a recent announcement reported ...
Thailand is exploring the launch of its first locally listed Bitcoin exchange-traded fund (ETF) as it aims to establish itself as a digital asset hub in Asia, according to a report by local news outlet, The Edge Malaysia. Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC), reportedly revealed ...
Thailand's Provincial Electricity Authority (PEA) has closed a Bitcoin mining operation for illegally tampering with power meters to steal electricity worth hundreds of millions of baht. Collaborating with the Crime Suppression Division, the PEA raided a Phanat Nikhom, Chonburi facility, seizing 996 Bitcoin mining rigs. Authorities found that the operators ...
