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Thailand

OneCoin-linked scammer who allegedly fled with 500M baht arrested in Thailand
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4 January, 2022

OneCoin-linked scammer who allegedly fled with 500M baht arrested in Thailand

Mana Jumuang and his co-conspirators, who were allegedly affiliated with OneCoin, claimed to be running stores and selling goods such...
Thailand to delay digital currency testing to late 2022
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29 December, 2021

Thailand to delay digital currency testing to late 2022

The initial testing of Thailand’s central bank digital currency, initially set for Q2 in 2022, will be pushed to later...
Thailand tourism industry wants to attract digital currency millionaires
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5 December, 2021

Thailand tourism industry wants to attract digital currency millionaires

The Thai government is looking at issuing a digital currency, building a new tourism ecosystem, and developing a wallet to...
Thailand’s oldest bank buys 51% stake in Bitkub exchange
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6 November, 2021

Thailand’s oldest bank buys 51% stake in Bitkub exchange

Siam Commercial Bank invested $537 million to buy into Bitkub, with the CEO saying that the purchase was based on...
BIS: CBDCs can slash the cost of cross-border remittances by 50%
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4 October, 2021

BIS: CBDCs can slash the cost of cross-border remittances by 50%

The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...
Tourism Authority of Thailand considers utility token creation
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3 October, 2021

Tourism Authority of Thailand considers utility token creation

The Thai economy suffered a great impact due to the pandemic and the government is looking at innovations to resolve...
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