Indian Crypto Companies Are Now Helping Thailand’s Banks Instead

Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies back home. Thai Banking System Embraces Blockchain Technology The settlement solution is a part of the first phase of Project Inthanon, which launched in […]

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Bitcoin Trading Volume Surges 250% in Thailand After ‘Seasteading’ Fiasco

An illegal ‘seasteading’ home belonging to a Bitcoin-rich couple was towed by the Thai navy. Meanwhile, the publicity of the event has caused Bitcoin volumes to soar in Thailand.  A Bitcoin-rich couples home was seized by the Thai navy. Authorities in Thailand have reportedly revoked the visa of Chad Elwartowski and Supranee Thepdet for “violating […]

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Thailand Bans ICOs From Using Bitcoin Cash, Litecoin and Ethereum Classic

Thailand’s Security and Exchange Commission (SEC) has banned Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum Classic (ETC) for use by Initial Coin Offerings (ICOs) in fundraising and as base pair on cryptocurrency exchange platforms. Bitcoin Cash, Litecoin, and Ethereum Classic Blacklisted Contrary to reports making the rounds on the cryptocurrency news circuit, regulators in Thailand […]

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Thailand Stock Exchange Considering Gov’t License to Trade Bitcoins

The Stock Exchange of Thailand (SET) could become the latest entity to obtain a cryptocurrency trading license in the country. This news comes as the bourse is reportedly mulling to become a licensed digital asset trading platform.  SET Eyes Digital Asset License to Trade Cryptocurrency According to the Bangkok Post, the SET plans to apply to […]

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Thailand Braces for Growing Wave of Cryptocurrency-Related Cybercrimes

Criminal activity involving cryptocurrencies in the country of Thailand remains low, but it is expected to soar. This is according to a recent study that has highlighted the rise in illegal, transnational organized crime activities in the Southeast Asian country. Crypto Expected to Facilitate a Rising Crime Wave The Phuket News news outlet recently reported on some […]

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