Thailand to bar use of digital assets for payments for goods, services from April

Thailand’s Securities and Exchange Commission (SEC) has issued a set of regulations to be applied to digital assets operators, which take effect on April 1st, barring them from using digital…

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According to tax officials, those who engage in coin mining also will be subject to taxation on the sale of coins. (Photo by Quantitatives.io)

Thailand plans to regulate, limit cryptocurrency payment for goods, services

The Finance Ministry, Bank of Thailand and Securities and Exchange Commission (SEC) have agreed to a plan to regulate and limit the use of cryptocurrencies as a means of paying for…

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Photo by Ozan KOSE / AFP

Gulf Energy, Binance to explore setup of digital assets exchange in Thailand

Thailand’s Gulf Energy Development PCL, or GULF, has entered into an agreement with Binance, the world’s largest digital assets exchange in terms of trading volume, to explore the setting up…

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Thailand Consumer Council to petition against True-Dtac merger plan

The Thailand Consumer Council (TCC) is planning to submit a petition to the country’s telecom regulator against the planned merger between True and Dtac, two of the three major mobile…

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Photo by Ozan KOSE / AFP

Bitcoin tops $60,000, nears record high, on growing U.S. ETF hopes

LONDON/HONG KONG (Reuters) – Bitcoin hit $60,000 for the first time in six months on Friday, nearing its record high, as traders grew confident that U.S. regulators would approve the launch of an exchange-traded fund…

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Thonburi Healthcare Group (THG) chairman Dr. Boon Vanasin / Photo from www.hfocus.org

SEC demands THG clarify claim of Pfizer procurement deal with Defence Ministry

Thailand’s Securities and Exchange Commission (SEC) has demanded that Thonburi Healthcare Group’s (THG) chairman and CEO clarifies a press report that the company is to sign a deal with the…

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A Bitcoin digital currency ATM shop in Marseille, southern France, on January 8, 2021. (Photo by NICOLAS TUCAT / AFP)

Cryptocurrency gains momentum in Thailand, across globe     

Proponents of cryptocurrency are celebrating after the Securities and Exchange Commission (SEC) reached a conclusion on how to regulate trading of the asset in Thailand. “Very glad to see this…

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Another PTT executive tipped to be Thailand’s new Energy Minister

PTT Global Chemical Plc., a subsidiary of PTT, formally notified the Securities Exchange Commission’s Secretary-General, today (Friday), of the resignation of Mr. Supattanapong Panmeechao from the executive and supervisory boards…

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SEC imposes hefty fine on Prasert Prasarttong-Osoth and 2 associates for shares manipulation

The Securities and Exchange Commission (SEC) has decided to slap a 499.95 million baht fine on billionaire businessman Dr Prasert Prasarttong-Osoth, his daughter Ms Paramaporn and another woman, Mrs Narumon…

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Two executives of IFEC heavily fined for insider trading

The Securities Exchange Commission (SEC) has imposed heavy fines on the top executive and a former executive of Inter Fareast Energy Corporation (IFEC) for insider trading. SEC said it had…

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