Former Thai Prime Minister Thaksin Shinawatra has said that the cryptocurrency sandbox is expected to be launched in Phuket in October. Discussing the ASEAN economy, Thaksin said that Thailand is more willing than any other country in the region to promote the development of cryptocurrencies, especially after the planned adoption of cryptocurrencies by US President-elect Donald Trump. He said other countries in the region are also keen to hold talks with Thailand on cryptocurrencies, which he ca...
Former Thai Prime Minister Thaksin Shinawatra has said there is "no risk" in allowing the trading of stablecoins and other tangible asset-backed tokens and urged regulators to legalize online gambling to increase revenue, Cointelegraph reported. He noted that the Thai government is currently losing around $4 billion (100 billion baht) in online gambling tax revenue annually. The Thai Cabinet has approved a draft Law on the Operation of Entertainment Complexes, which aims to legalize casinos and ...