The government of Thailand accepted the proposal of the Finance Ministry on February 10, which permits digital assets to be utilised as underlying assets in the derivatives and capital markets of the country. This initiative focuses on modernising Thailand’s derivatives markets in line with international standards, making the regulatory oversight
Thailand is gearing up for a large-scale regulatory push to enhance institutional engagement with the world of digital assets, with its SEC finalizing regulations on crypto exchange-traded funds, crypto futures, and tokenized investment products. The move signals Thailand’s intent to position itself as a regional hub for regulated crypto finance,
The government of Thailand has booked a wide clampdown on so-called grey money, taking regulators to tighten oversight of gold trading and virtual assets and associating financial data over agencies to make money laundering more firm to hide. ‘Grey money’ is a term used by the officials for funds that
Binance added a milestone to its portfolio after Thai Law Enforcement recognized its efforts. The Central Investigation Bureau honored Binance for its work in cybercrime prevention. This recognition from Thai Law Enforcement likely caused a BNB price surge, taking the token to a new ATH. Binance expressed that it remains
Thailand launches TouristDigiPay, the first regulatory sandbox that allows foreign tourists to exchange digital currencies with Thai baht to easily make electronic payments. This new project is a strategic move by Thailand to counter the decreasing number of tourists and to revive the failing tourism industry by adopting cryptocurrency. Government
While requiring thorough comprehensive suitability, the Thai securities regulator is looking for public feedback on proposed new regulations that would make knowledge testing easier for cryptocurrency investors. Investors who have already passed the proposed initial coin offering laws will be able to skip the recurrent knowledge test. This is according
As more governments are focusing on crypto regulation, scrutiny over existing crypto firms is also increasing. The Thailand SEC has decided to block multiple exchanges from operating in the country for violating its laws. Among them, Bybit and OKX are the top exchanges, the former being the second-largest crypto exchange
Thailand is rolling out a new plan that will let foreign tourists spend cryptocurrencies during their stay—without putting pressure on the Thai baht. The move, announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira at the “Dailynews Talk 2025” seminar on May 26, marks a strategic shift to make
The crypto exchange KuCoin, based in Seychelles, launched its Thailand operations officially as part of its Southeast Asian market expansion plan. KuCoin Thailand began its operations in the Thai market on April 23 through the former ERX Company Limited. The company now operates under KuCoin Thailand after receiving its crypto
Even though the crypto market is down for the moment, its adoption is ever-growing. With the pro-crypto environment in the US, crypto regulation is also moving forward across various global countries. Recently, Thailand’s SEC announced two major stablecoins USDT and USDC as official cryptocurrencies. As per the Thailand Business News
