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Thailand

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...
Thai SEC to revoke Huobi’s license over ‘irreparable’ regulatory breaches
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9 September, 2021

Thai SEC to revoke Huobi’s license over ‘irreparable’ regulatory breaches

The securities regulator had informed Huobi about its breaches in February, noting that the exchange has failed to meet the...
Thai SEC proposes new regulations that could halt digital currency lending
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30 August, 2021

Thai SEC proposes new regulations that could halt digital currency lending

The SEC has given the Thai public until Sept 22 to submit their feedback on the laws that seek to...
Bank of Thailand announces pilot for retail central bank digital currency
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25 August, 2021

Bank of Thailand announces pilot for retail central bank digital currency

The Bank of Thailand has announced to conduct pilot tests of a central bank digital currency for retail use in...
Former Bithumb chair indicted in South Korea amid claims of fraud, false promises
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8 July, 2021

Former Bithumb chair indicted in South Korea amid claims of fraud, false promises

Prosecutors in Seoul have indicted former chairman of Bithumb Holdings Lee Jung-hoon on fraud charges, while a former partner involved...
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