2023-3-8 16:48 |
The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years.
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Thailand’s government will offer tax breaks for companies issuing investment tokens. The government expects over $3 billion worth of investment token offerings over the next two years. The move could attract more cryptocurrency companies to Thailand.
2023-3-8 18:29 | |
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The waiving of corporation and sales taxes targets companies that issue digital tokens for investment
2023-3-7 15:14 | |
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Thailand’s Securities and Exchange Commission (SEC) has now introduced strict rules concerning the promotions as well as advertising of crypto. Cryptocurrency companies are now expected to follow these newly initiated rules in order to bring down investment risks.
2022-9-3 04:00 | |
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MetaVentures – presents its second unique event in Thailand. The exclusivity of the event opens the door to business and investment opportunities targeting a broad international audience. Investments, Blockchain, Metaverse and NFT, Biotech, DeFi, DAO, Digital Art, mining, payment systems, and digital asset regulation are just some of the list of topics that will be […] The post The International Summit MetaVentures Bangkok Will Be Held on December 1-3, 2022 appeared first on NullTX.
2022-6-17 04:50 | |
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CoinSharesEurope’s largest digital asset investment firm, today announced that SCB Asset Management, Thailand’s largest asset management company, has launched SCB Blockchain, a feeder fund investing...
2021-8-19 08:31 | |
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Mukaya “Tai” Panich, Chief Venture and Investment Officer of Siam Commercial Bank’s venture arm SCB 10X, imagines a world in which decentralized finance (DeFi) powers the back-end of traditional finance companies.
2021-8-2 14:00 | |
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SCB 10X, the venture arm of Thailand’s oldest bank, has announced an investment in the decentralized finance (DeFi) sector via crypto-asset aggregator and portfolio dashboard, Ape Board. Ape Board provides a holistic view of users’ DeFi portfolios with actionable insights; enabling users to easily link investments across a variety of DeFi protocols on a single […] The post SCB 10X invests in new cross-chain DeFi aggregator platform Ape Board appeared first on CryptoNinjas.
2021-7-15 06:31 | |
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India’s rising star blockchain ecosystem, Polygon which has brought practical scalability to Ethereum and attracted investment from crypto investor Mark Cuban has overtaken its biggest competitor Polkadot to dominate various markets across the world, including in the US, Saudi Arabia, Pakistan, Serbia, and Thailand.
2021-6-18 17:58 | |
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Security token offerings were supposed to be the next big blockchain-based investment vehicle. But investors in Thailand and Taiwan aren't so interested.
2020-2-12 07:00 | |
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ACIF, Asia Crypto Investment Forum hosted by Hashcube, will hold its first meetup at The InterContinental Bangkok, as part of Blockchain Thailand Week, to discuss the future of crypto investments.
2019-11-1 20:30 | |
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iSTOX, a security token platform backed by the Singapore Exchange, have managed to raise their Series A funding. iSTOX has declined to give the exact amount, but the funding was provided by the Thai banking firm, the Kiatnakin Phatra Financial Group (KKP).
2019-10-5 18:14 | |
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The Singapore Exchange-backed security token platform has raised an undisclosed investment from an investment bank based in Thailand.
2019-10-5 11:15 | |
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The Singapore Exchange-backed security token platform has raised an undisclosed investment from an investment bank based in Thailand.
2019-10-4 11:15 | |
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Hashcube, a Korean Bitcoin miner retail and mining company, is proud to present Thailand’s first ever bitcoin mining investment forum on 21st September at the Amari Watergate Bangkok. Together with large players from the crypto-industry such as Bitkub, BTC.
2019-9-8 12:30 | |
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The Stock Exchange of Thailand (SET) announced Wednesday in a statement that plans are underway for the development of a digital asset platform ready to roll out in 2020. SET is working along with several third-party financial collaborators to develop the software platform that it envisions “leveling up investment experiences for more convenience and higher speed” for its clients as well as offering exchange services for digital assets.
2019-3-15 09:59 | |
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A couple has launched the world’s first functional seastead, which they funded using investment income from their bitcoin holdings. Chad Elwartowski and Nadia Summergirl set the venture afloat on February 12, 2019, twelve nautical miles off the coast of Phuket in Thailand.
2019-3-4 20:00 | |
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Thailand’s financial markets regulator has barred several cryptos from being used to invest in ICOs and as a base in trading pairs.
2019-3-1 13:15 | |
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Over 30 people have come forward to the police after being scammed by a supposed crypto mining scheme that promised a 70 percent return on investment, the Bangkok Post reports on February 18, 2019. Mining for Money In the world of blockchain, it seems like it is another day, another scam.
2019-2-20 16:00 | |
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Victims of an alleged crypto mining investment scam called “CryptoMining.Farm” have reportedly filed complaints with Thai authorities
2019-2-19 05:00 | |
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In recent exchange news, the chief executive officer of Revolut has expressed doubt regarding the institutional appetite for cryptocurrency exposure, Binance has launched a new research division, and Etoro has begun the gradual rollout of its wallet for Android and iOS users.
2018-11-12 17:55 | |
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Thailand is making a move against unregulated cryptos. The Thai Securities and Commission Exchange has decided to issue an investment warning against existing Initial Coin Offerings (ICOs) that are not recognized, registered and supervised by the country.
2018-10-30 03:58 | |
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Thailand’s Securities and Exchange Commission (SEC) has issued a warning to investors against putting their money into initial coin offerings (ICOs) that are not recognized and authorized by the SEC.
2018-10-29 05:00 | |
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The Bangkok Post reports that the prime suspect in an ongoing investigation surrounding a $24 million Bitcoin scam has been arrested. Prinya Jaravijit is believed to have swindled Finnish investor Aarni Otava Saarimaa with false claims that Saarimaa’s multi-million dollar investment was going towards a series of stock investments in Thailand.
2018-10-14 19:16 | |
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Philippines, South Korea, and Thailand ease regulations to lure fintech investment as southeast Asia. In August 2018, The Cagayan Special Economic Zone and Freeport in the Northern Philippines were launched with a $100 million blockchain hub, with the hopes of becoming the “Crypto Valley of Asia.
2018-8-21 14:00 | |
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According to the Bangkok Post, a Finnish Bitcoin millionaire, Aarni Otava Saarimaa, was scammed by a group of Thai people in 2017. Thailand’s Crime Suppression Division (CSD) noted that the Finnish man lost about 5,600 Bitcoins to the Thai gang through a fraudulent investment scheme.
2018-8-15 14:07 | |
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Police in Thailand are hunting for about 6 suspects after a Finnish investor was conned of $34 million worth of bitcoin by a gang posing as an investment group. The case, one that involves a famous actor, Jiratpisit “Boom” Jaravijit, is still under investigation by the Crime Suppression Division (CSD) of the Thai police.
2018-8-14 23:19 | |
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A 22-year-old cryptocurrency millionaire has lost more than 5,500 bitcoins in an alleged investment scam in Thailand.
2018-8-13 09:00 | |
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The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.
Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes.
The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025.
Indonesia witnessed a notable downturn in its crypto tax revenue in 2023, plunging by 62% compared to the previous year, despite the surge in Bitcoin's value.
In a strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation, local media reported Feb.
The Brazilian Senate has approved a new taxation policy, effective Jan. 1, imposing up to a 15% tax on earnings from crypto held in foreign exchanges.