‘Project Inthanon’: Thailand Will Trial Central Bank Digital Currency

Thailand’s central bank chief has confirmed research into a number of blockchain applications in banking including Project Inthanon involving a central bank digital currency used for interbank settlements. In a speech [PDF] centered on Thailand’s economy at a financial summit in Singapore on Tuesday, Bank of Thailand (BoT) governor Veerathai Santiprabhob revealed a broad effort The post ‘Project Inthanon’: Thailand Will Trial Central Bank Digital Currency appeared first on CCN

Read More

Thailand Begins Legal Process to Regulate and Tax Cryptocurrency

The cabinet of Thailand has principally approved two royal decree drafts aimed at regulating cryptocurrency transactions and imposing taxes on capital gains from crypto investments. The Cabinet of Thailand, the government’s executive branch compromising of thirty-five of the country’s most senior members, has reportedly approved to royal decrees that will both cover cryptocurrencies and initial The post Thailand Begins Legal Process to Regulate and Tax Cryptocurrency appeared first on CCN

Read More

Thailand Law to Regulate [Legalize] Cryptocurrency, ICO Markets Coming in April

The governor of Thailand’s central bank has confirmed an upcoming law to ‘comprehensively regulate’ cryptocurrency as a former Thai finance minister throws his support behind the idea. Bank of Thailand governor Veerathai Santiprabhob has revealed details of a meeting between the country’s deputy prime minister, finance minister and other related agencies last week wherein the The post Thailand Law to Regulate [Legalize] Cryptocurrency, ICO Markets Coming in April appeared first on CCN

Read More