カテゴリー: thailand

Japanese Crypto Exchange Continues Global Expansion – Now in Five Countries

Japanese Crypto Exchange Continues Global Expansion - Now in 5 CountriesA Japanese government-approved cryptocurrency exchange has resumed expanding overseas. Already operating in five countries with a plan to launch in more in the near future, the exchange aims to construct a global network of crypto transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Building Global Network Bitpoint Japan was among the first crypto […]

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Thailand Waives 7% VAT for Individual Cryptocurrency Investors

Thailand Waives 7% VAT for Individual Cryptocurrency InvestorsThailand’s Revenue Department has announced that it will waive the 7% value-added tax for individual cryptocurrency investors. The country began regulating digital currencies and initial coin offerings on Monday, putting the Thai Securities and Exchange Commission (SEC) in charge of the regulations. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space VAT Exemption The decree […]

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Thailand Commences Cryptocurrency Regulations Today

Thailand Commences Cryptocurrency Regulations TodayThe decree to regulate cryptocurrencies and initial coin offerings in Thailand goes into effect on Monday. The government has also revised the country’s tax code to add crypto taxation. Sellers of digital tokens will face a fine or even jail time if they fail to register with the regulator within 90 days. Also read: Yahoo! Japan […]

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New Crypto Exchanges Open in Korea, Thailand, Vietnam, and the Philippines

New Crypto Exchanges Open in Korea, Thailand, Vietnam, and the PhilippinesThe number of new cryptocurrency exchanges is rapidly growing worldwide. This new crypto exchange roundup features four platforms located in South Korea, Thailand, Vietnam and the Philippines. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space South Korea’s Coinbit South Korean game developer Axia Soft Co. Ltd. has recently launched a crypto exchange called Coinbit. […]

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Public Company’s ICO Paves the Way for Other Token Sales in Thailand

Public Company's ICO Paves the Way for Other Token Sales in ThailandThe first initial coin offering (ICO) by a publicly traded company in Thailand has begun trading on a couple of local exchanges. Meanwhile, the regulators are still drafting the legal framework for cryptocurrencies and token sales. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space First Public Company to Launch ICO The launch of an […]

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PR: Bitex Launches Token Pre-Sale to Bring Global Crypto-Banking to the Local Level

Bitex Launches Token Pre-Sale to Bring Global Crypto-Banking to the Local LevelHyper-localized and global crypto-bank Bitex begins token pre-sale on May 8th, 2018

Singapore — Bitex, the first locally-embedded global crypto-bank, today announced that they are launching their token pre-sale at 3 p.m. UTC, on May 8th. The pre-sale of XBX, Bitex’s utility token, will only be opened to accredited contributors in preparation for the company’s public crowdsale.

Bitex’s goal is to provide crypto-banking services that operate at a local level, supplying regionally-tailored banking services to customers that are currently underserved by the current banking system. Bitex believes that it can make the greatest social impact by starting at the local level and working closely with regional experts in marketing and regulation to broaden its reach over time, giving them an edge to become the first truly global crypto-bank for mainstream consumers.

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Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes

Bitcoin Mules Flood China as OTC Cryptocurrency Trading FlourishesAfter the Chinese government banned local bitcoin exchanges from operating in the country some industrious people have begun going abroad to buy the cryptocurrency and reselling it in China for a premium. There are now so many of these ‘bitcoin mules’ that their profit margins are rapidly declining.   Also Read: Okex Fights Market Manipulation […]

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Thailand Approves Draft Decree on Crypto

Thailand Approves Draft Decree on CryptoThe Thai cabinet has approved a draft decree to regulate cryptocurrencies and initial coin offerings. The definition of digital assets has been modified from the previous draft but the tax structure remains. All crypto businesses must obtain licenses and report information to the anti-money laundering office. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With […]

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Thailand to Pass Two New Cryptocurrency Laws

Thailand to Pass Two Laws on CryptocurrenciesThai regulators have reportedly agreed to enact two separate laws on cryptocurrencies and initial coin offerings. They will regulate crypto businesses, the purchase and sale of cryptocurrencies, as well as their taxation. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Two Laws Being Drafted The Thai Minister of Finance, Mr. Apisak Tantivorawong, said […]

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Former Thai Finance Minister Supports Proposals for SEC-Regulated Cryptocurrency Sector

Former Thai Finance Minister Supports Proposals for an SEC-Regulated Cryptocurrency SectorThe Chairman of the Thai Fintech Association (TFA) and Thailand’s Former Finance Minister, Korn Chatikavanij, has offered his support for recent proposals that Thailand’s Securities and Exchange Commission (SEC) should be tasked with developing and enforcing cryptocurrency regulations. Also Read: ‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce Thai Fintech Association Chairman Supports SEC Regulation of […]

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