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 the second quarter of 2022.
The Bank of Thailand has announced to conduct pilot tests of a central bank digital currency for retail use in the second quarter of 2022.
Prosecutors in Seoul have indicted former chairman of Bithumb Holdings Lee Jung-hoon on fraud charges, while a former partner involved with plans to set up a subsidiary exchange in Thailand is suing Bithumb's HK entities.
Thailand's Securities and Exchange Commission has filed a criminal complaint against Binance, saying the exchange was operating in the country without a license.
The Thai Securities and Exchange Commission said the digital asset platforms were no longer able to trade meme-based tokens, NFTs and exchange-issued tokens effective immediately.
The latest vertical that has emerged from the inception of technological advancements is getting multimillion financial attention in Singapore.
The Thai Anti-Money Laundering Office has mandated all exchanges to use the dip-chip machine, which scans a chip embedded on the Thai national identity card, for identity verification.
Confirming the draft proposals were only meant to test stakeholder sentiment, the Thai securities regulator withdrew the plans following sharp public criticism in the hours after its announcement.
The government believes such a measure would cushion amateur traders against huge losses by ensuring they trade within their means.
China and the United Arab Emirates have joined a research initiative that studies the feasibility of a central bank digital currency.
The Securities and Exchange Commission is set to conduct a public hearing to determine what qualifications traders need before getting into the digital currency industry.
Bitkub exchange will now have to address five key areas as outlined by the watchdog, including integrating a system that’s better suited to handling spikes in trading volume.
The Stock Exchange of Thailand has snubbed digital currencies like BTC while announcing a new trading platform for digital tokens.