Tagged: thailand

August 10, 2026 @ 11:08 pm By Omar Faridi  |  

Thailand’s government has introduced a temporary tax relief measure designed to support cryptocurrency activity within its regulated financial system. The Finance Ministry confirmed that capital gains arising from crypto trading will be exempt from tax for a five-year period running from 1 January 2025 to… Read More

August 10, 2026 @ 9:00 am By Omar Faridi  |  

Bitkub Exchange continues to highlight its long-standing relationship with Coinbase Institutional, part of Coinbase (NASDAQ:COIN), a collaboration that has been in place since August 2021. The Thai digital asset platform regards this arrangement as a key element of its approach to protecting customer holdings, relying… Read More

August 2, 2026 @ 7:38 pm By Michael Wong  |  

Singapore-based investment firm GMA Capital Partners and ACMF Group have launched a fund that will provide up to 7 billion baht, or about $207 million, in structured financing to companies listed on the Stock Exchange of Thailand and their principal shareholders. The Thai SET Fund… Read More

June 26, 2026 @ 2:44 am By Omar Faridi  |  

Elliptic believes that Hong Kong has emerged as one of the most attractive destinations for institutional players seeking to engage with digital assets. Its carefully constructed regulatory environment is providing the clarity and infrastructure that traditional financial institutions need to participate at scale. The company… Read More

June 12, 2026 @ 7:03 pm By Omar Faridi  |  

Blockchain intelligence firm Elliptic has indicated that Thailand has firmly established digital assets as part of its financial ecosystem. The country is now focusing on practical integration questions: how to embed them into capital markets, structure investor access, and shape the market’s future development. According… Read More

June 1, 2026 @ 7:07 am By Michael Wong  |  

Ascend Bank, the virtual bank backed by Charoen Pokphand Group, is expected to debut in July, CP Group senior vice-chairman Suphachai Chearavanont said. The planned launch comes after rival Clicx Bank announced earlier this week it plans to launch its mobile app on June 19,… Read More

April 30, 2026 @ 2:41 pm By Omar Faridi  |  

The US Justice Department has recent noted that law enforcement agencies from the United States, the United Arab Emirates, Thailand, and China have dismantled multiple overseas operations tied to cryptocurrency investment scams, resulting in the arrests of at least 276 people. The coordinated action, which… Read More

March 28, 2026 @ 2:10 pm By Michael Wong  |  

Thailand’s trade regulator has rolled out new guidelines for e-commerce platforms, sharpening scrutiny of pricing and business conduct as Southeast Asia’s second-biggest economy tries to keep its fast-growing digital marketplace competitive. The Trade Competition Commission of Thailand, or TCCT, said the new framework took effect… Read More

February 6, 2026 @ 10:23 pm By Michael Wong  |  

Electric scooter maker SLEEK EV said it has secured an $8.5 million first close in its Series A funding round, led by KYMCO Capital and backed by more than 20 supply-chain partners from Taiwan and mainland China, as it looks to expand production and charging… Read More

January 4, 2026 @ 2:28 pm By Omar Faridi  |  

As the world steps into 2026, the landscape of digital payments continues to evolve, driven by technological advancements, regulatory shifts, and changes in consumer behavior. From central bank digital currencies (CBDCs) gaining new features to concerns over cybersecurity and cash accessibility, several trends are poised… Read More

December 28, 2025 @ 9:42 pm By Omar Faridi  |  

Thailand’s aggregate card payments market is now being projected to grow by 2.7% in 2025 to reach THB2.3 trillion (appr. $65.4 billion), supported by the ongoing expansion of digital payment acceptance infrastructure, government-led financial inclusion initiatives, and the growing adoption of contactless payments, according to… Read More

December 18, 2025 @ 8:59 am By Michael Wong  |  

SEAX Global, a privately held Southeast Asian wholesale connectivity provider, has acquired a major stake in Thailand’s Interlink Telecom Pcl (ITEL), expanding its footprint in one of the region’s biggest network markets, the companies said. The deal adds ITEL’s domestic fibre network and telecom licences… Read More

December 16, 2025 @ 8:09 am By Omar Faridi  |  

Proxymity, the digital investor communication platform, announces the expansion of its partnership with Deutsche Bank, one of the global financial institutions, with the rollout of Proxymity Vote Connect Access in Thailand. Deutsche Bank is said to be one of the first adopters of Proxymity’s digital… Read More

November 18, 2025 @ 10:43 pm By Omar Faridi  |  

Tether, which claims to be one of the largest companies in the digital assets industry, recently announced that it supported the Royal Thai Police and the United States Secret Service in a “coordinated” international operation that led to the seizure of approximately 12 million USDT… Read More

October 25, 2025 @ 4:33 pm By Michael Wong  |  

Thai authorities raided a Worldcoin-linked iris-scanning site and arrested suspects on allegations they operated unlicensed exchange services for the project’s WLD token, the Securities and Exchange Commission (SEC) said after a joint operation with the Cyber Crime Investigation Bureau (CCIB). The move is part of… Read More

October 5, 2025 @ 3:40 pm By Michael Wong  |  

Thailand has the ingredients to develop into a regional centre for digital assets, according to Binance, which cited regulatory clarity, relatively high public awareness and supportive macroeconomic conditions as the key pillars for growth. S. B. Seker, the exchange’s newly appointed Asia-Pacific head, told local… Read More

September 16, 2025 @ 3:28 am By Omar Faridi  |  

In the rapidly evolving world of cryptocurrency, where digital assets promise innovation but also harbor risks like fraud and money laundering, tools like those from Chainalysis can be useful. Blockchain analytics firms Chainalysis claims that it has been at the forefront of providing more clarity… Read More

August 16, 2025 @ 9:26 pm By Michael Wong  |  

Thailand will launch a program on Monday allowing foreign visitors to convert cryptocurrency into Thai baht for payments, as the government seeks to revive tourism following a decline in Chinese visitors. The “TouristDigiPay” initiative will be announced at a press conference led by Deputy Prime… Read More

July 15, 2025 @ 3:53 pm By Omar Faridi  |  

Tether Holdings SA, the issuer of the world’s largest stablecoin, USDT, has revealed it holds an $8 billion in gold reserves, stored in a private vault in Switzerland. This strategic decision, announced on July 8, 2025, positions Tether as one of the largest non-state gold… Read More

July 1, 2025 @ 10:54 pm By Michael Wong  |  

Cryptocurrency exchange KuCoin has partnered with Thai brokerage Finansia Syrus Securities PCL to boost access to regulated digital asset trading in Thailand, a move that underscores the growing convergence between traditional finance and crypto markets in Southeast Asia. The partnership, involving KuCoin Thailand (operated by… Read More