Tag: Thai

Bitcoiners’ Seastead in Deep Trouble With Thai Government

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 […]

Thai Crypto Exchange Determined to Stay Open After SEC Orders Shutdown

Thai Crypto Exchange Determined to Stay Open After SEC Orders Shutdown The Thai Ministry of Finance has rejected the last cryptocurrency exchange application it had been reviewing. The exchange, which has been ordered to close down business and return customer funds, is determined to stay operational. “Shutting down is not […]

Thai Startup Atomicpay Launches Non-Custodial Crypto Payment Platform

Thai Startup Atomicpay Launches Non-Custodial Crypto Payment Platform Atomicpay, a Thai-registered payments startup, has officially launched its non-custodial cryptocurrency payment terminal for merchants throughout the world. Founder and developer Benz Rif said the platform, which supports BTC, BCH, LTC and other cryptos, eliminates the involvement of a third-party processor, allowing […]

Thai SEC Explains Two Laws Could Apply to Crypto Securities

Thai SEC Explains Two Laws Could Apply to Crypto Securities Thailand’s Securities and Exchange Commission (SEC) has reportedly clarified how existing laws can apply to crypto securities. In addition, Thai companies planning to issue securities tokens abroad would be guilty of wrongdoing under the Digital Asset Act for avoiding regulated […]

Thai SEC Warns Against 14 Unauthorized Cryptocurrency Operators

Thai SEC Warns Against 14 Unauthorized Cryptocurrency Operators Thailand’s Securities and Exchange Commission (SEC) has warned the public against 14 websites whose operators have been soliciting customers to buy and sell cryptocurrencies and related products. The regulator says these operators are not authorized to conduct crypto business in the country. […]

Thai SEC Expects to Approve Country’s First ICO Portal This Month

Thai SEC Expects to Approve Country’s First ICO Portal This Month Thailand’s Securities and Exchange Commission (SEC) has reportedly revealed that it expects to approve the country’s first portal for initial coin offerings (ICOs) this month, with ICO approvals to follow. According to the country’s crypto regulation, a portal’s role […]

Thai SEC Warns About 9 Unauthorized Tokens

Thai SEC Warns About 9 Unauthorized Tokens Thailand’s Securities and Exchange Commission (SEC) has warned about nine unauthorized tokens and initial coin offerings. These have neither been approved by the authorities nor met the necessary requirements. In addition, the regulator is also reportedly considering allowing asset management companies to launch […]