Posts Tagged ‘Thailand’

Thailand tightens its grip on ICO regulation

The Thai Securities and Exchange Commission (SEC) are preparing to launch its first regulated ICO portal later this month. It appears that ICOs will be vetted on a case-by-case basis and will be added to the portal shortly after its launch, although there is no mention of a set date as yet. Thai regulators believe having […]

Thailand SEC Releases Warning Statement On ICOs

Thailand’s Securities and Exchange Commission (SEC) has released a warning to the public about investing in ICOs. The report explains that some of the coins being offered did not receive SEC approval, which means that investing in them could carry serious risk. The report identified nine digital tokens and ICOs that were not authorized by the […]

Bank of Thailand to Launch Thai Digital Currency

The Bank of Thailand has announced its plans to launch a Thai digital currency in the first quarter of 2019. The news comes at a time when Thailand is laying the foundations for its crypto industry going forward with the implementation of a spectrum of new regulations. The Bank of Thailand has stated that they have joined […]

Kingdom of Thailand Publishes New ICO Legalization Framework

The Thai Securities and Exchange Commission officially announced the upcoming launch of a new regulatory framework for cryptocurrencies and ICOs, scheduled to come into effect July 16, 2018. The pro-crypto Southeast Asian nation recently announced the legalization of domestic cryptocurrency markets with two royal decrees earlier this year. The Thai SEC’s statement unequivocally outlines the Thai […]

5 ICO projects may soon launch in Thailand, regulator says

The Thai financial regulator, the Securities and Exchange Commission (SEC), is poised to approve five ICO projects to register for fundraising procedures, as soon as the organic law of Thailand’s digital asset decree takes effect in late June. The SEC has received a total of 50 applications for ICO projects seeking to raise funds from the Thai […]

Thai Sec Confirms ICO Tokens Will Not Be Traded Against Fiat Currencies

The SEC in Thailand is ready to regulate cryptocurrency in the country. Cryptocurrency regulation will bring more legitimacy to this industry. A key aspect of the new rules is that ICO tokens cannot be traded for fiat. The agency seeks to make all service providers comply with these rules by the end of June. It is an organic […]

Thai Fintech Association, ICORA offer crypto-assets training course

The Thai Fintech Association, together with ICORA Co Ltd, is offering a Crypto Asset Revolution (CAR) course, which will provide participants with a complete understanding and knowledge about investing in crypto assets and ICOs. Thai investors, business owners and professionals from financial institutions have a chance via the new course to learn important and useful […]

Thailand Introduced Legal Framework, But Players Don’t Know How to Comply

On Sunday, May 13, Thailand joined a pool of countries that have introduced regulatory frameworks regarding cryptocurrencies. The 100 section law, published in the country’s Royal Gazette, defines cryptocurrencies as digital assets and digital tokens that fall under the regulatory jurisdiction of the Thai Security Exchange Commission (TSEC), making it the main policeman of crypto […]

WANTED – start-ups for Paypal’s incubation programme

PayPal has launched the PayPal Incubation Programme to help encourage Thailand’s fintech start-up ecosystem to expand throughout the Southeast Asia region. The programme aims to help start-ups get off the ground, access the network of venture capitalists, and solve legal and regulatory issues. PayPal is looking at a wide range of companies within the fintech industry. Read […]

How Thailand’s new sprawling digital park will accelerate its startup dreams

Thailand’s startup scene has seen exponential growth, from a measly three funded startups in 2012 to more than 90 funded startups in 2017, with over US$280 million dollars in raised funds. As part of ‘Thailand 4.0’ — all-encompassing roadmap designed to transform the nation into a global hub for digital innovation, — major Thai telco True […]