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Thai Government to Integrate DLT, A.I and Emerging Technologies into the Digital Economy

In a bid to improve the income, quality of life, and competitiveness of ordinary people in the society, Thailand’s Digital Economy and Society Ministry (DE)  intends to use innovative technologies like blockchain in developing mobile applications and e-commerce solutions over the next three months, reports Bangkok Post on August 11, 2019. дальше »

2019-8-12 09:00


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Standard Chartered Bank Issues First DLT-Powered Letter of Credit

In a press release on August 7, 2019, U. K. -based Standard Chartered Bank, revealed it had successfully executed a pilot of the first cross-border Letter of Credit (LC) on blockchain for companies in the oil industry, including PTT Group, a Thailand state-run oil and gas company, PTT International Trading Pte Ltd, and IRPC Public Company LimitedRead MoreRead More. дальше »

2019-8-8 13:00


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Thai Financial Watchdog Declares war on Crypto-Fueled Money Laundering

Pol Maj Gen Preecha Charoensahayanon, the acting secretary-general of Thailand’s Anti-Money Laundering Office (AMLO) believes Bitcoin and altcoins are a serious threat to the agency. As such, AMLO has pledged to prioritize the discovery of new hideouts for illegally obtained fiat converted to cryptoassets, according to a Bangkok Post report on August 5, 2019. дальше »

2019-8-6 01:00


Huobi Expands to Thailand: Regulated Crypto Exchange Set to Take-off in Q3 2019

Crypto exchange, Huobi will be expanding its services to Thailand as the fifth regulated crypto exchange according to a press release shared with BitcoinExchangeGuide. Referencing an announcement made by the team on Wednesday, July 24, the news outlet reported that said endeavor will come into effect in the third quarter of 2019. Details regarding the […] дальше »

2019-7-25 19:58


How 10 Countries Respond to Facebook’s Libra Cryptocurrency

A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U. K. , and the U. S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank of International Settlements. дальше »

2019-7-11 08:30


Ripple’s Testnet Code Could Be Used To Run DeeMoney’s Services, a Financial Institution in Thailand

Could DeeMoney Be Using Ripple’s Testnet? According to the Twitter user @Covalent5, there is a new code that suggests that Ripple’s server is being used to host DeeMoney’s service. DeeMoney is a Thailand-based financial company that is working with MoneyGram for global distribution of currencies. дальше »

2019-6-11 16:44


Thailand’s Siam Commercial Bank (SCB) Backtracks On Intentions To Use Ripple (XRP)

Thailand’s Largest Bank Backtracks On Plan To Use Ripple XRP One of Thailand's largest financial institution decides not to move forward with plans to integrate XRP into its line of products. American fintech Ripple Labs' suite of financial products have, however, been adopted by several other leading institutions. дальше »

2019-6-7 22:41


Siam Commercial Bank goes back on its word; says it has ‘no plan on using XRP’

One of Thailand’s oldest banks, Siam Commercial Bank, made news after it previously hinted at the use of XRP token, via a tweet from their official Twitter handle. However, the tweet was deleted a few hours later, with the bank later issuing another statement which said that SCB will not be using XRP, as of […] The post Siam Commercial Bank goes back on its word; says it has ‘no plan on using XRP’ appeared first on AMBCrypto. дальше »

2019-6-7 17:00


Massive Blockchain Adoption in Thailand, 22 Banks and Enterprises Join Forces To Build A Blockchain Payment System For The Whole Country

Thailand, as a part of the Thailand Blockchain Community, will see a total of 22 banks and enterprises collaborate… The post Massive Blockchain Adoption in Thailand, 22 Banks and Enterprises Join Forces To Build A Blockchain Payment System For The Whole Country appeared first on Invest In Blockchain. дальше »

2019-6-4 09:43


Instant Remittance (InstaREM), Who Uses Ripple, to Support Cross Border Payments for Thailand’s KBank

The concept of cross border payments has been revolutionized by the work that Ripple has put into the world. Instant Remittance, also known as InstaREM, is located in Singapore, recently partnering with Ripple for their fast and affordable performance, delivering remittance services to 50 countries. дальше »

2019-5-27 04:44


3rd-Biggest Thai Bank Teases Tantalizing News for Ripple (XRP) Bulls

By CCN: Siam Commercial Bank, Thailand’s third-largest financial institution, quietly teased some tantalizing news that should kick the Ripple (XRP) rumor mill into high gear. SCB Thailand Taps Ripple for Blockchain Payments Already, SCB Thailand launched a blockchain platform that uses the Ripple company’s xCurrent system to facilitate cheaper cross-border money transfers. дальше »

2019-5-25 01:01


Vechain (VET) – Siam bank recognizes Vechain’s potential in proof-of-authenticity

It’s a well-known fact in crypto circles that Vechain is quite strong in product quality assurance. However, it’s a different ball-game altogether when a major institution recognizes it. Recently, Siam bank, the largest bank in Thailand, ran an article touching on blockchain and its uses in different industries. One of the blockchains that they recognized […] дальше »

2019-5-20 12:56


Cryptocurrency-Centric Companies in India are Helping Banks with Blockchain in Thailand

Wipro, which is a multinational Indian Tech company, has gone ahead to develop a solution that can be used by banks within Thailand, the solution has been based on the blockchain technology. All this comes at a time when the banking sectors together with the government are looking on ways to enact the blanket ban […] дальше »

2019-5-8 18:21


Thai Central Bank’s lnthanon Digital Currency Project To Build RTGS Interbank For CBDC Payments

Thai Central Bank Has Created A Blockchain Solution To Digital Currency Project The Bank of Thailand, known as the central bank of the country, has recently decided to move ahead one of its most interesting blockchain projects, a digital currency that will be based on the blockchain technology. This new solution will be used in […] дальше »

2019-5-8 23:38


Toxic ICO Taxes: Thailand Stock Chief Slams Regulators for Crippling Crypto-Friendly Startups

By CCN. com: Thai startups raising funds by issuing digitized equities/stocks pay more taxes than an average business, according to Prinn Panitchpakdi. The governor of the Stock Exchange of Thailand (SET) said initial coin offering (ICO) startups typically pay 7 percent in value-added (VAT) and a 20 percent in corporate tax. дальше »

2019-5-7 14:24