Cryptocurrency Analysis and News Portal
Zipmex Exchange has decided to suspend all digital asset trading activities in Thailand until Jan. 31, 2024. The decision, which took effect on Nov. 25, at 1:00 PM, was made in accordance with local regulations set by the Securities and Exchange Commission (SEC) of Thailand. The decision to halt trading and
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Cryptocurrency exchange Zipmex has announced it is taking immediate action by suspending all digital asset trading in Thailand as part of its efforts to comply with regulations.According to a statement issued on November 25, Zipmex has opted to temporarily halt its operations to align with regulatory requirements with the Securities
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According to Thailand’s Deputy Minister of Finance Julapun Amornvivat, the giveaway will not be launched on Feb. 1, as planned. Thailand will not launch the long-awaited “airdrop” on time as the government needs more time to develop “a safe system,” local news media Vietnam+ reports, citing Thailand’s Deputy Minister of Finance
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Thailand’s planned digital wallet scheme, which intends to payout 10,000 baht (~$274) to citizens over 16 years old, has been delayed, while critics call for a probe from the country’s electoral commission.As originally reported by the Bangkok Post, Thailand’s deputy finance minister, Julapun Amornvivat, announced that the planned February 2024 launch
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The Hong Kong Monetary Authority (HKMA) works on two CBDC-related projects, MBridge and e-HKD. The central banks of Hong Kong, China, Thailand, and the United Arab Emirates, along with HMKA, are working on developing mBridge, a cross-border central bank digital currency (CBDC) initiative. It is expected that the project will be launched
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Hong Kong regulators are looking to tighten the noose around the crypto market after arresting six individuals following allegations of fraud around an unlicensed crypto exchange, JPEX. The government intends to increase its efforts to inform investors and remind them only to utilize platforms granted Securities and Futures Commission licenses. Meanwhile,
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Thailand’s Revenue Department is planning to impose personal income tax on the foreign revenues, including those made from crypto trading, of any person who resides in Thailand for more than 180 days. According to the Sept 19 report from the Bangkok Post, the new rule will take effect on Jan.
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India, Nigeria and Thailand are ranked as the top three countries in Chainalysis’ “2023 Global Crypto Adoption Index,” with lower middle-income (LMI) nations leading the way in the grassroots adoption of cryptocurrencies.The blockchain analytics firm released an excerpt from the report showing that central and south Asia and the wider Oceania
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India, Nigeria and Thailand are ranked as the three top countries in Chainalysis’ 2023 Global Crypto Adoption Index, with lower middle income nations leading the way in grassroots adoption of cryptocurrencies.The blockchain analytics firm released an excerpt to its annual Index report which shows that central and south Asia and the
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Thailand’s new government is utilizing blockchain and crypto wallets to disburse $280 cash handouts to citizens. According to a report on Sept. 7, Thailand’s newly appointed government, Pheu Thai, is gearing up to utilize digital ledger technology to facilitate its economic stimulus initiative. Although specifics are yet to be revealed, it has
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