In a shocking turn of events, a retired Australian police officer fell victim to a crypto scam while vacationing in Thailand, losing $1.2 million. The incident underscores the growing prevalence of cryptocurrency fraud targeting unsuspecting investors worldwide.
21X, a tokenized securities trading venue, has announced the integration of Circle’s USDC stablecoin to enhance transaction efficiency. This strategic move aims to provide investors with seamless access to digital asset markets while ensuring regulatory compliance.
The Thai government is set to issue $150 million in digital investment tokens as part of its efforts to boost the digital economy. This initiative aims to attract foreign investments and promote innovative financial technologies within the country.
Thailand’s financial regulator has announced the inclusion of USDC and USDT stablecoins in its approved cryptocurrency list. This move aims to bolster the country’s digital asset ecosystem and promote secure transactions within the growing fintech landscape.
Thailand’s oldest bank has revealed plans to offer stablecoin remittance services, marking a significant advancement in the country’s financial landscape.
What measures is the Thai government taking to address potential challenges and risks associated with the exemption of Bitcoin and cryptocurrency transactions from VAT, such as preventing illegal activities and mitigating the impact of price […]
Thailand’s Siam Commercial Bank’s X (SCBX) and South Korea’s Hashed Ink have formed a new partnership to explore the cutting-edge of digital technology. They plan to initiate joint research and development in the field of Web3 and blockchain-based solutions.
India, Nigeria, and Thailand have emerged as top countries in Chainalysis’s 2023 Global Crypto Adoption Index, a new survey highlighting global trends in digital currency usage. The countries showed strong enthusiasm for cryptocurrencies among their respective populations.