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“#Thailand’s capital tightens restrictions to fight COVID-19” BANGKOK — Officials in Thailand further tightened coronavirus restrictions on Monday in response to an alarming rise in cases and deaths that is stressing the country’s health care system. City officials in Bangkok, the capital, ordered a range of establishments to close completely from Tuesday for two weeks…
“#Thai medical workers get COVID-19 despite two doses of China’s Sinovac vaccine” More than 600 medical workers in Thailand who received two doses of China’s Sinovac vaccine have been infected with COVID-19, health officials said on Sunday. The Ministry of Public Health said that 618 of the 77,348 medical workers who were vaccinated with Sinovac…
“# Thailand’s central bank warns against using digital currencies for payments ” The Bank of Thailand has issued a warning to crypto holders who use their digital assets as a medium of exchange, saying if these practices become widespread it may take strong regulatory measures. In a Thursday statement, the central bank said anyone who…
“# Bithumb Hong Kong subsidiaries reportedly face civil suit from Thai partner ” Bithumb’s Hong Kong affiliates are reportedly facing a civil suit for breach of contract. According to a Tuesday report by the Korea Times, the suit is being initiated by a former Bithumb partner in Thailand, which is accusing the South Korean-headquartered exchange…
“# Thai SEC and Cayman Islands regulator take action on Binance ” Binance, the leading cryptocurrency exchange by trade volume, continues facing scrutiny from regulators regarding the legality of its operations in certain countries. Thailand’s Securities and Exchange Commission (SEC) and the Cayman Islands Monetary Authority (CIMA) are the latest financial regulators to announce a…
“#K-pop activism a lifeline for Thailand’s hard-hit ‘tuk tuk’ drivers” BANGKOK — Bangkok “tuk tuk” taxi driver Samran Thammasa, 39, had never heard of K-pop star Jessica Jung before the coronavirus pandemic, but now the singer’s Thai fans are helping him survive the loss of tourist customers. His bright green three-wheeled motorcycle rickshaw has been mostly…
“# Thailand’s XSpring Capital raises $225M to build integrated financial marketplace ” Investment management company XSpring Capital has secured a large funding round with partners in Thailand to accelerate the development of its financial marketplace that combines traditional and digital asset products. It also hopes to bring an expanded platform to the United States. According…
“# Thai SEC bans exchanges from handling certain token types including NFTs ” Thailand’s Securities and Exchange Commission has approved guidelines prohibiting crypto exchanges in the country from supporting four different types of tokens in certain cases. In a Friday announcement from the Thai SEC, the regulatory body said that Secretary-General Ruenvadee Suwanmongkol had approved…
“# Thailand to target DeFi in latest regulatory clampdown ” In their latest effort to regulate the cryptocurrency industry, Thailand’s financial regulators have turned their sights towards decentralized finance, or DeFi. According to a June 1 report from Bangkok Post, Thailand’s Securities and Exchange Commission (SEC) has announced that any activities related to DeFi may…
“#Thailand reports 1st cases of Indian coronavirus variant” BANGKOK, Thailand — Thailand on Friday said it has detected its first locally transmitted cases of the coronavirus variant discovered in India, as it announced the formal rollout of its national vaccination plan next month. The Ministry of Public Health said 36 cases of the Indian variant…