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Indian Crypto Companies Are Now Helping Thailand’s Banks Instead

Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies back home. Thai Banking System Embraces Blockchain Technology The settlement solution is a part…

BTC Trading Volume Skyrockets In Thailand After Home Seizure Scandal

BTC trading volume skyrocketed in Thailand by 250% after the home of the Bitcoin-rich couple was seized by the Thai navy. The Thai authorities revoked the visa of Supranee Thepdet and Chad Alwartowski for ‘’violating Thai sovereignty’’ according to the altcoin news coming from Thailand.…

Bitcoin Trading Volume Surges 250% in Thailand After ‘Seasteading’ Fiasco

An illegal ‘seasteading’ home belonging to a Bitcoin-rich couple was towed by the Thai navy. Meanwhile, the publicity of the event has caused Bitcoin volumes to soar in Thailand.  A Bitcoin-rich couples home was seized by the Thai navy. Authorities in Thailand have reportedly revoked…

Why Thai’s National Bank Put Ban To Serve Crypto Exchange: SEC Fintech Director

Regulations and policies around crypto ecosystem are still not specific across many countries but meantime, few countries are passionately emerging to capture the nascent crypto and blockchain innovation. However, Fintech Director at Thailand’s Securities and Exchange Commission has recently revealed few facts about Crypto Ecosystem…

Thailand Is Opening Up to Crypto, One Step Closer to ICO and STO

Thailand is opening up to crypto, operating an ICO portal and considering the possibility of regulating security tokens. Since July, Thailand and its Securities and Exchange Commission (SEC) have voiced their intent to legalize the local initial coin offering (ICO) market and open it to…

Bitcoiners’ Seastead in Deep Trouble With Thai Government

A seastead launched by an early bitcoin adopter off the coast of Thailand has run into trouble with local government. The Thai Navy boarded the structure Saturday, claiming it violates criminal law, which is punishable by death or life imprisonment. The owner claims that his…

Thai, Myanmar Central Bank Governors Endorse Blockchain Remittance Service

Veerathai Santiprabhob, the Central bank governor of Thailand, reportedly defined the Ethereum-based remittance system as an important step. The governors of two central banks endorsed the Ethereum (ETH)-based remittance system developed by blockchain company Everex, the firm reported in a press release shared with Cointelegraph…

Stock Exchange of Thailand to launch a digital asset platform in 2020

The Stock Exchange of Thailand (SET) has just announced its plans to build a digital asset platform, which is set to launch in 2020. In its three-year plan, the exchange is setting out to digitalise its infrastructure. For instance, it is planning to develop a digital…