Thailand's cybercrime authority plans to propose banning decentralized prediction marketplace Polymarket because it could be considered an online gambling site, which is considered illegal in the country. Thailand's Cybercrime Investigation Bureau said the suspension of Polymarket is essential to prevent the public from becoming victims of online gambling and to stop the use of cryptocurrencies for illegal activities, which "can have serious economic and social impacts". Cyberpolice said the web...
On January 15, market news: Thailand may allow bitcoin ETFs to list on local exchanges for the first time.
Former Thai Prime Minister Thaksin Shinawatra: Thailand can offer stablecoins backed by government bonds.
Thai police recently carried out a surprise inspection in Chonburi province and seized 996 bitcoin mining machines suspected of stealing electricity. The operation was carried out jointly by the 2nd Provincial Police and the Provincial Electricity Bureau, and it was found that the mining machines illegally obtained electricity by bypassing the meter. According to people familiar with the matter, the mine only carried out mining operations at night to avoid supervision. In August 2024, Malaysia a...
Thai Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced at the Thai Marketing Association seminar on Wednesday that Thailand will launch a new cryptocurrency payment project, starting with the popular tourist destination of Phuket. The project will allow foreign tourists to use digital assets to make purchases in the tourist city. The government's goal is to enable foreign tourists to use their digital assets to shop in tourism-focused cities.
Gold Ten Futures, December 27th, according to foreign media reports, traders and industry officials said that the world's largest rubber producer - Thailand's rubber production in December is expected to decline sharply, because the monsoon brought heavy rains and its flooding in the south disrupted rubber tapping work. Sukthat Tangviriyakul, deputy director of the Rubber Authority of Thailand (RAOT), said the heavy rains hit 11 provinces in southern Thailand, which is an important rubber growin...
On December 26th, according to the latest tweet released by MOODENG, the administrator of Khao Kheow Zoo in Thailand, Vitalik Buterin donated funds to support the operation of Khao Kheow Zoo, the wildlife funding program, and the development of a special exhibition area for Moo Deng and his family. The donation will be made in two rounds of 5,000,000 baht each for a total of 10 million baht (approx. $292,230). The first donation will be completed on December 26, 2024. The day of the second donat...
Thailand is considering a bitcoin pilot project proposed by former Prime Minister Thaksin Shinawatra that would be tested in Phuket as a tourism-focused sandbox. The proposal is backed by Binance Thailand's CEO, who sees it as a positive step for the country's competitiveness and ability to attract tourists. However, despite efforts by industry advocates and some political supporters to turn Thailand into a digital hub, the central bank still bans crypto payments.
According to official news, at the WOW Summit held in Bangkok, Thailand on November 11, Megabit attracted extensive attention from the industry with its advanced technical solutions and market achievements. The platform significantly enhances the security of transactions and the protection of users' funds by introducing multi-signature technology and cold wallet storage solutions. Megabit plans to launch more comprehensive digital asset management services and cooperate with internationally reno...
On November 18th, according to the latest Facebook post ขาหมู แอนด์เดอะแก๊ง administrator of MOODENG at Khao Kheow Zoo in Thailand, Ethereum founder Vitalik wore a hippo pattern shirt and went to the zoo to visit the little hippo MOODENG. According to the data, the Ethereum chain Meme token MOODENG rose rapidly, the market value exceeded 82 million dollars, a record high, the current market value of 81.50 million dollars, 24 hours up 142%, the current price of...
On November 18th, according to the latest Facebook post ขาหมู แอนด์เดอะแก๊ง administrator of MOODENG at Khao Kheow Zoo in Thailand, Ethereum founder Vitalik wore a hippo pattern shirt and went to the zoo to visit the little hippo MOODENG. According to the data, the Ethereum chain Meme token MOODENG rose rapidly, the market value exceeded 82 million dollars, a record high, the current market value of 81.50 million dollars, 24 hours up 142%, the current price of...
ETHGlobal held its latest hackathon event after Devcon last weekend in Bangkok, Thailand. According to the conference, a total of 713 projects were submitted to the judges, including Ethereum co-founder Vitalik Buterin, Aave founder Stani Kulechov, Base creator and head Jesse Pollak and many other cryptocurrency experts. The ten shortlisted projects selected by the judges all target the growing field of cryptocurrency, from artificial intelligence to cryptocurrency.
On November 12, the news that Runyang's factory in Thailand has been shut down recently attracted market attention. Subsequently, some media reports confirmed the shutdown of Runyang's factory in Thailand. Many industry insiders mentioned in the exchange with reporters that for companies building factories overseas, the new energy market environment will be affected by the international environment and there are unknowns. For example, before and after some important international current events ...
Blockchain analytics firm Dune made three announcements at its DuneCon event in Bangkok, Thailand, on Monday morning, including a new platform, the company's latest acquisition, and new metrics designed to track meaningful blockchain adoption. The Dune Echo, launched today, is a new product from the analytics firm that connects developers to real-time blockchain data on 30 chains, including Ethereum, its multiple L2 networks, and Solana, and is currently in beta. The number of token balances and...