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Thailand

Thailand removes VAT on digital currency trading: report

Wahid Pessarlay

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13 February, 2024

Thailand removes VAT on digital currency trading: report

The new tax exemption rules have been effective since January 1, 2024, and will extend to registered dealers and brokers...

Hong Kong to VASPs: Secure license by February 29 or face shutdown

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9 February, 2024

Hong Kong to VASPs: Secure license by February 29 or face shutdown

As the deadline looms, Hong Kong has reiterated its pledge to shut down all unlicensed VASPs by the end of...

Thailand lifts restrictions on retail investment in digital tokens

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24 January, 2024

Thailand lifts restrictions on retail investment in digital tokens

Thailand’s securities regulator has updated its rules to lift the $8,450 restriction, permitting Thais to invest freely in tokenized real-world...

Thailand’s Kasikornbank eyes tokenized securities in raising funds

Wahid Pessarlay

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3 January, 2024

Thailand’s Kasikornbank eyes tokenized securities in raising funds

Kasikornbank is looking to revolutionize fundraising with tokenized securities, a move that it hopes would advance its Web3 ambitions in...

Thailand postpones national digital currency distribution amid demands for closer examination

Wahid Pessarlay

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3 November, 2023

Thailand postpones national digital currency distribution amid demands for closer examination

Thailand postpones digital currency rollout to Q1 2024 due to security concerns, facing criticism over debt and legality.

Thailand’s Kasikornbank launches $100M fund for Web3, AI projects

Wahid Pessarlay

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20 September, 2023

Thailand’s Kasikornbank launches $100M fund for Web3, AI projects

Kasikornbank launches $100 million KXVC fund, targeting AI and Web3 projects, with plans to support startups expanding into the APAC...

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