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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 before coming to life. The Bangkok Post reported

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Thailand’s Tourism Authority Floats Idea of Utility Token to Attract Crypto Holders: Report — CoinDesk

If developed, the token’s utility could facilitate the transfer of vouchers into TAT Coin, boosting liquidity among tourism operators.Sep 29, 2021 at 2:26 a.m. UTCUpdated Sep 29, 2021 at 2:26 a.m. UTCBangkok, Thailand's capital. (Florian Wehde on Unsplash) Source

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Monetary Authority Of Singapore Puts Binance On Investor Alert List For Violating Payment Laws

Singapore Monetary Authority has placed the Binance exchange on its alert list of investors on Wednesday. This is due to some concerns about the possibility that the crypto exchange might have violated the local payments laws. On Sunday, the global crypto exchange has announced its intention to cancel its product offering

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Slovenian finance authority proposes 10% tax on crypto income

According to local media reports, the Financial Administration of the Republic of Slovenia, or FURS, is considering imposing a 10% taxable income bill on cryptocurrency asset activity in the near future.Under the current legislation method, the authority analyses an individual's digital asset activity on a case-by-case basis by trawling through

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CFTC commissioner says agency has broad enforcement authority on crypto derivatives

Dawn Stump, one of four commissioners currently serving at the Commodity Futures Trading Commission, or CFTC, has released a statement clarifying the agency's authority with respect to digital assets. In a Monday statement, Stump said the CFTC is empowered with both regulatory and enforcement authority for commodities. She did not specifically say

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Iran’s tax authority wants to legalize crypto exchanges

The Iranian National Tax Administration (INTA) is pushing to establish a legal framework for the taxation of crypto trading platforms operating in the country, according to a new proposal by the country’s tax authority.Two months after Iranian President Hassan Rouhani’s call for a legal framework for crypto trading, INTA reportedly

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SEC has no authority over crypto, CFTC commissioner argues

Amid the United States Securities and Exchange Commission (SEC) expanding the scope of oversight of the cryptocurrency industry, a commissioner with the Commodity Futures Trading Commission (CFTC) argued that crypto regulation doesn’t fall under the SEC’s jurisdiction.CFTC commissioner Brian Quintenz took to Twitter on Wednesday to declare that cryptocurrencies like

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