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“# Thai lawmakers urged to approve tourism crypto to entice digital nomads ” A push in Thailand to boost gross domestic product (GPD) by targeting crypto digital nomads is coming closer to fruition according to local media. The Tourism Authority of Thailand (TAT) has been looking into launching its own utility token called TAT Coin…
“# Siam Commercial Bank purchases 51% stake in crypto exchange Bitkub ” Thailand’s oldest bank plans to become the majority shareholder of one the largest crypto exchanges in the country after a $536.7 million purchase. According to a Nov. 2 announcement, Siam Commercial Bank’s SCB X Group is expected to buy a 51% stake in…
“# Thailand’s biggest shopping center trialing digital currency ” Central Retail Corp., a leading firm in Thailand’s retail industry, is testing a digital currency among its employees. After the sandbox phase is finished, the retail giant plans to extend the service to customers and the general public, according to a report by Bloomberg. The “C-Coin,”…
“# Asian CBDC projects: What are they doing now? ” The rapid growth of mainstream attention toward cryptocurrencies has forced the hands of numerous governments to create their digital alternatives. Over the past few years, interest from various jurisdictions has been pointed towards central bank digital currencies (CBDCs) — digital versions of government-issued fiat. Given…
“#26 Famous landmarks in Thailand” In this episode of our famous landmarks series, we will focus on Thailand. From Thai food to Thai Massages, there are many things Thailand is famous for, but the Thai landmarks are also spectacular and well-known globally. As usual in this series, we invited a few fellow bloggers to contribute…
“# Thailand’s tourism authority is considering creating its own utility token ” The Tourism Authority of Thailand (TAT) is considering creating its own utility token to capitalize on the growing popularity of cryptocurrencies. Named after the agency’s acronym, the plan to launch TAT coin will have to navigate through Thailand’s complex legal framework and regulations…
“#Thai volunteer takes to skies to drop supplies to flood victims” BANGKOK, Sept 28 – A paramotoring enthusiast in northern Thailand has taken to the skies to help deliver urgently need supplies to people cut off by floods. Thrill-seeker Vichai Tiyasan, 38, has been motoring over waterlogged lands to drop off dry food and essential items in Sukhothai, one of 30 provinces impacted…
“# Thai SEC issues license to Ethereum-based real estate project ” The Securities Exchange and Commission of Thailand (SEC) has a license to an asset-backed token offering service based on the Ethereum blockchain. Fraction, a wholly-owned subsidiary of the Hong Kong-based fintech firm Fraction Group, has received a license allowing it to list and trade…
“# Thai SEC intends to revoke operating license of Huobi crypto exchange ” Thailand’s Securities and Exchange Commission (SEC) has temporarily suspended the services of the local branch of crypto exchange Houbi and recommended revoking its operating license with the Ministry of Finance. With the suspension in place, Huobi has been given three months to…
“# MUFG boosts its crypto exposure following $41M Zipmex funding round ” Thailand’s Bank of Ayudhya (BAY) – in which Mitsubishi UFJ Financial Group (MUFG) holds a 76.9% stake – participated in the latest funding round for the Asia-Pacific-focused crypto exchange Zipmex. The $41 million raise, which saw the participation of two publicly traded Thai media…