The Thai Cabinet has approved tax relief measures for crypto trading. The new tax rules are “much more friendly to both investors and industry,” said an executive of a cryptocurrency exchange in Thailand. Thailand Adopts New Tax Rules for Crypto Investments Thailand’s Cabinet approved new tax relief rules Tuesday for crypto trading, according to an…

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Thailand’s central bank and financial regulator have shared their views and positions on regulating the new, digital-powered financial landscape, outlining plans to issue virtual banking guidelines, rules on the use

The post Thailand’s Financial Regulator Lays out Plans for Payments Using Digital Assets appeared first on Fintech Singapore.

The banking sector in Asia Pacific is filled with opportunity in 2022, whilst also facing intensified competition. Rapid infrastructure developments and emerging technologies coupled with the pandemic have accelerated digital

The post Deep Dive: Uncovering Short-term Opportunities for Global Banking appeared first on Fintech Singapore.

At $45,000, there’s a degree of resistance that might stop the current advance. Central banks would taper quantitative easing and

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How aggressively will central banks raise rates? It’s been an incredible couple of weeks in the markets, one in which we’ve seen another hawkish move from multiple central banks, big swings in stocks on the back of earnings, and tensions around Ukraine intensify. The result has been very volatile markets and while the coming week […]

After pushback from local industry insiders, Thailand has dropped its plans for a 15% crypto tax that would've penalized traders.

The post Thailand backs down to crypto backlash, won’t tax transactions at 15% appeared first on Protos.

The Bank of Thailand (BOT) is looking to issue guidelines for virtual banks in the country in a bid to play catch-up with neighboring countries Malaysia and Singapore who have

The post Thailand Seeks to Join the Digital Bank Race in Southeast Asia appeared first on Fintech Singapore.

Regulators in Thailand, including The trio of the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and the Ministry of Finance (MOF), issued a joint statement on cryptocurrencies that threaten the local financial ecosystem. (Read More)

The financial authorities of Thailand have all teamed up in a bid to come up with regulations that will limit the use of digital assets as a means of payment in the region. Additionally, the regulators will also be issuing new guidelines for certain digital assets that pose no threats to the financial system. According

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