thailand

CDCROP: Asian currency money cash dollar bills (Twenty47studio/Getty Images)
Landmark International CBDC Test Deemed Success, BIS Says
Over $22 million in foreign exchange was aided via the pilot involving China, Thailand and Hong Kong, the Bank for international Settlements said
CDCROP: Asian currency money cash dollar bills (Twenty47studio/Getty Images)

CDCROP: Bangkok, Thailand (Waranout Joe/Unsplash)
Crypto Exchange Bitkub, 4 Others Sued by Thai SEC Over Fake Volume Claims
The move comes after the regulator fined crypto exchange Bitkub's CTO $250,000 for insider trading.
CDCROP: Bangkok, Thailand (Waranout Joe/Unsplash)

CDCROP: Calculator Contracts Signed (Michal Jarmoluk/Pixabay)
Thailand's SEC Bans Crypto Firms From Offering Staking and Lending Service
The regulator recently filed a police report against Zipmex after the exchange froze withdrawals in July.
CDCROP: Calculator Contracts Signed (Michal Jarmoluk/Pixabay)

Singapore-based cryptocurrency exchange Zipmex said it has received an offer from an interested party with due diligence processes able to commence. (Michal Jarmoluk/Pixabay)
Thai SEC Files Police Complaint Against Crypto Exchange Zipmex
The complaint comes after Zipmex failed to meet a deadline for sharing transactional information with the SEC, the agency said.
Singapore-based cryptocurrency exchange Zipmex said it has received an offer from an interested party with due diligence processes able to commence. (Michal Jarmoluk/Pixabay)

close up of a Thailand flag waving with blue sky in background
Thailand Toughens Crypto Ad Rules
The rules now require crypto operators to display clear risk warnings on ads and prohibit the inclusion of false or exaggerated information about companies.
close up of a Thailand flag waving with blue sky in background

close up of a Thailand flag waving with blue sky in background
Thai SEC Fines Bitkub Executive $235K for Insider Trading
Last week, the country’s oldest commercial bank backed out of a deal to buy a majority stake of the local crypto exchange, citing unresolved regulatory issues.
close up of a Thailand flag waving with blue sky in background

CDCROP: Su Zhu of Three Arrows (CoinDesk)
Three Arrows Capital Co-Founder Calls Crypto Hedge Fund's Liquidators Inaccurate, Misleading: Report
Three Arrows Capital co-founder Su Zhu said Teneo misled the High Court of Singapore, which this week granted permission for the liquidator to probe the hedge fund's local assets.
CDCROP: Su Zhu of Three Arrows (CoinDesk)

CDCROP: Wiang Kum Kam, ตำบล ช้างเผือก, Thailand (Mathew Schwartz/Unsplash)
Thai Energy Billionaire Turns to Crypto to Boost Growth: Report
While crypto market cap has tumbled from November's high, the market is “still sound” and has “high potential” for growth, Gulf Energy CEO Sarath Ratanavadi said.
CDCROP: Wiang Kum Kam, ตำบล ช้างเผือก, Thailand (Mathew Schwartz/Unsplash)

Siam Commercial Bank dropped its plan to acquire Bitkub (Weerasak Saeku/GettyImages)
Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange
Thailand’s oldest bank said Bitkub Online needs to resolve various issues at the request of Thailand’s Securities and Exchange Commission.
Siam Commercial Bank dropped its plan to acquire Bitkub (Weerasak Saeku/GettyImages)

Bangkok, Thailand's capital. (Florian Wehde on Unsplash)
Thailand's Central Bank Extends Retail CBDC Study to Pilot Phase
The Bank Of Thailand still says it doesn't plan to issue a retail digital currency.
Bangkok, Thailand's capital. (Florian Wehde on Unsplash)