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Key Takeaways The Thai SEC and central bank has introduced a crypto sandbox to allow foreign tourists to convert digital assets into baht for local spending. Direct crypto payments are prohibited, and converted funds must be used via regulated e-money platforms across Thailand. Share this article Thailand’s Securities and Exchange Commission (SEC) and the Bank … Read more
NEWYou can now listen to Fox News articles! Israel’s military has recovered the body of a Thai man who was abducted from Kibbutz Nir Oz and killed in captivity by terror group Kataeb al-Mujahideen shortly after the Israel-Hamas war began on Oct. 7, 2023. Natthapong Pinta’s body was brought back to Israel after an operation … Read more
The Thailand SEC will block access to five cryptocurrency exchanges, including Bybit, OKX, and CoinEx. The platforms have been accused of offering services in the region without a license. According to an official notice issued by the financial watchdog, the decision to block unlicensed crypto exchanges is part of the Thai government’s efforts to protect … Read more
The Tourism Authority of Thailand is expecting that country’s upcoming Songkran festival will generate more tourism revenue than it did last year, despite projections that the March 28 earthquake has dampened tourist arrivals to the kingdom. The 7.7-magnitude earthquake, which epicentered in neighboring Myanmar, caused a building under construction near Bangkok’s famous Chatuchak market to … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US has imposed visa restrictions on current and former Thai officials who were involved in the forced repatriation of Uyghur Muslims, as part of a new policy to support groups subject to … Read more
Thai finance minister sees room for easing ahead of central bank rate review
Thailand’s Finance Minister, Pichai Chunhavajira, from the Ruling Pheu Thai Party, proposed an initiative to streamline the licensing process for securities and cryptocurrency trading. According to local media reports dated 31 January 2025, the Thai Finance Minister Chunhavajira’s comments promote the development of the digital asset business follow the announcement of the Thai SEC’s strategy … Read more
Thailand’s Provincial Electricity Authority has shut down a Bitcoin mining farm for tampering with power meters to steal electricity worth hundreds of millions of baht. According to local media, the PEA, in collaboration with the Crime Suppression Division, has seized 996 Bitcoin mining rigs during a raid on the mining farm located in the Phanat … Read more
The chief executive of Binance’s Thai arm has encouraged the Bank of Thailand to consider former prime minister Thaksin Shinawatra’s proposal for a pilot Bitcoin payment project so the nation does not get left behind. According to the Bangkok Post, Thailand is working towards making the ex-Prime Minister’s suggestion for a Bitcoin (BTC) payment pilot … Read more
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