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Thailand’s protests highlight the vulnerabilities of major social media platforms like Twitter and Facebook. Thai residents began protesting the nation’s military regime earlier this year, giving voice to frustrations that have been building since a 2014 coup. The protestors are using social media platforms to help organize their efforts, but while
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The Bank of Thailand announced that it plans to develop a prototype to test real-life business use cases of its central bank digital currency (CBDC).The bank said in its official statement that before it launches the CBDC payment system for all businesses, it plans to test it with large-scale enterprises. They
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Thailand is teaming up with a blockchain firm to encourage peer-to-peer trading of renewable energy. Announced on Monday, Thai Digital Energy Development (TDED) – a public-private joint venture – has inked a deal with blockchain energy startup Power Ledger to develop a blockchain-based digital energy business. The deal, also in collaboration
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Digital money transfer service, Azimo, has partnered with Siam Commercial Bank (SCB), the oldest bank in Thailand, to launch an instant cross-border payments service from Europe to Thailand through Ripple’s global payments network, RippleNet.According to an announcement on April 9, the solution aims to solve the challenges of expensive and
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The advance of coronavirus in the region hasn’t precluded the launch of Huobi Thailand, which allows for a fiat gateway to BTC, ETH, HT, and USDT from the start, and plans to expand the offering in the near future according to the company’s press release CryptoX received today, March
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Thailand, one of the most-visited countries in the world, will soon apply blockchain to its Electronic Visa On Arrival (eVOA).Thailand’s new blockchain-powered eVOA system intends to speed up and protect the digital visa application process and will soon be available for five million visitors from 20 countries.eVOA operator partners
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The Excise Department in Thailand is poised to introduce a new way of refunding overpaid taxes to oil exporters by using blockchain technology.On Nov. 25, director-general Patchara Anuntasilpa told the Bangkok Post that the Thailand Excise Department will change its current tax refund practice by introducing a blockchain-based tax
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A Sweden citizen has been extradited to the United Stated from Thailand to trial for charges of securities fraud, money laundering and wire fraud that involved digital currencies such as Bitcoin(BTC)trade.Brian A. Benczkowski, assistant attorney general of Criminal Divisions of Justice Department in United States, David L. Anderson, attorney in
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An article published by the Bangkok Post speculates some hypotheses that may have led to the closure of the well-known exchange Bitcoin Co earlier this month. Contention As reported by BTCManager on September 2, the Thai exchange Bitcoin Co (bx.in.th) unexpectedly closed its doors leaving its users in a mix of confusion
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