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Thailand’s Finance Ministry Announces Blockchain Enabled Sale of Cheap Bonds

The Public Debt Management Office (PDMO) within Thailand’s Ministry of Finance has announced it plans to sell 200 million baht ($6.42 million) in savings bonds using a blockchain-based e-wallet.   In a statement released on its website Tuesday, the ministry said the bonds carry an extremely low face value of 1 baht

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ShareRing Partners with Thailand’s new E-Visa System: Mainstream Blockchain Adoption

About Richard KasteleinFounder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the

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Thailand’s Police Arrested 24 Chinese Citizens Over Bitcoin Call Center Scam

According to local news outlets in Thailand, 24 Chinese have been arrested in the country under the accusation of running a crypto investment scam. The authorities conducted the raid in a call center where the Chinese nationals were allegedly conducting a Bitcoin(BTC)trade con scheme.One of the news outlets who reported

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Thailand’s SEC Examines If Regulation Impedes Crypto Businesses

The regulators at Thailand’s Securities and Exchange Commission (SEC) are exploring possible obstacles for digital asset businesses in a prior crypto royal decree.According to Secretary General of the Thai SEC, Ruenvadee Suwanmongkol, the regulators must be flexible for rules and regulations to be applicable in line with the digital market

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Thailand’s First Regulated ICO Portal Targets $98M Token Offering

SE Digital, a subsidiary of major financial services firm Seamico Securities, has been confirmed as the first initial coin offering (ICO) portal operator to be approved by Thailand’s securities regulator.According to an Oct. 11 report from The Bangkok Post, SE Digital plans to launch Thailand’s first investment token, with

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One of Thailand’s Popular Crypto Exchanges Suddenly Ceases All Operations

Bitcoin Co. Ltd. (BX.in.th), one of the largest crypto exchange and trading services provider in Thailand recently announced that it will discontinue its trading, exchange and wallet services from September 30th, 2019. The crypto exchange informed the users to withdraw their funds before November 1st, 2019.The latest notification of one

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Thailand’s Largest Commercial Bank Retracts Tweet Indicating Plans to Use Ripple’s XRP

Siam Commercial Bank (SCB), Thailand’s largest commercial bank, has denied it plans to start using Ripple’s XRP token, contrary to earlier indications. The bank’s denial was communicated in a tweet published on June 7.The bank’s denial was prompted by an earlier post on social media dated June 5, when

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Thailand’s Largest Commercial Bank and State Oil Company Trial Blockchain Payments

Thailand’s largest commercial bank, Siam Commercial Bank (SCB), and state oil company PTT Exploration and Production Public Company Limited (PTTEP) performed a successful test of blockchain use for cross-border business-to-business payments. The bank recently announced the successful pilot on its website.Per the announcement, the project, which has been ongoing

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