Report: UAE Central Bank Implements Digital Currency Strategy
The central financial institution within the United Arab Emirates mentioned it has began implementing its digital foreign money technique with companions G42 Cloud and R3....
Report: Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens
Thailand’s authorities has mentioned firms that challenge digital tokens will obtain a waiver that exempts them from paying company and value-added tax. According to a...
Bank of Thailand Needs More Time to Complete and Launch Retail Digital Currency
The central financial institution of Thailand isn’t going to hurry with the launch of its digital forex because it’s not but certain about the advantages...
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets
Thailand is reportedly getting ready to amend its regulation on digital belongings to tighten the oversight of the crypto sector and empower the Thai central...
Thailand Doesn’t Prohibit Crypto Use for Payments however Warns of Price Fluctuation
Bank of Thailand’s officers say that utilizing cryptocurrency as a way of cost isn’t unlawful. However, they added that customers “should have the ability to...
Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange
Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will help the bank...
Thailand Sees Rising Adoption of Cryptocurrencies as Means of Payment — Warns of Risks
Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its...