News list for " Thailand"
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According to ledgerinsights, Thai Finance Minister Pichai Chunhavajira said that the government plans to issue 5 billion baht ($148 million) government bonds directly to the public before the end of the fiscal year (September 30). The initial issuance will be considered a sandbox project and can be traded on a digital bond platform. The minister said: "We will involve retail investors, regardless of their financial situation. They can invest any amount, buy and sell directly on the platform, aro...
On February 11, according to Bitcoin News, former Thai Prime Minister Thaksin Shinawatra proposed to develop Phuket into a bitcoin sandbox area, allowing foreign tourists to use bitcoin to pay for real estate and tourism-related expenses without cash restrictions.
Thai police, together with Chinese law enforcement, have seized two Chinese fraud ringleaders and frozen USDT crypto assets worth $2.50 million (about 84 million baht) on February 7. • Suspects: Ye Wanyou (29) and Li Weijie (30) • Arrest: On February 5, Thailand's Huamark Police Department and the Cyber Crime Task Force (PCT) launched a raid in a high-end residential area of Bangkok. The suspects tried to destroy mobile phone data but were detained by the police.
On February 4th, Thai Deputy Prime Minister and Minister of Defense Putan announced on the evening of February 4th that the power grid, power and oil will be cut off to the Myanmar area on the Thai-Myanmar border at 9:00 am local time on the 5th. Putan announced the decision after a meeting with the Thai National Security Committee in the afternoon of the same day. According to the 1996 Thai Cabinet Resolution, the Thai Local Electricity Authority is allowed to sell electricity to neighboring vi...
On February 4, Thai Deputy Prime Minister and Defense Minister Putan said that power outages would be ordered to the Myanmar area along the Thai-Myanmar border on the same day, and warned that any snubs would be transferred.
Thailand's finance minister told a Securities and Exchange Commission meeting on Thursday that the government is considering issuing government bond-backed stablecoins that could be used to make payments to merchants and could attract investors.
Thailand's finance minister said it proposes to set up a "sandbox" of digital assets in Phuket.
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...
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