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THAILAND

SEC issues warning on Binance's legality

News, Darana Chudasri, Published on 07/04/2021

» The Securities and Exchange Commission (SEC) is warning investors that Binance, an international cryptocurrency exchange based in Malta that accepts Thai baht deposits, is illegal in Thailand and has called on the company to open a dialogue with the regulator.

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THAILAND

Somkid: bank must help farmers

Business, Darana Chudasri, Published on 29/01/2019

» The Bank for Agriculture and Agricultural Cooperatives (BAAC) should continue with agricultural reforms to help raise farmers' income and reduce production costs, says Deputy Prime Minister Somkid Jatusripitak.

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THAILAND

Family in bitcoin scam case plead innocence

News, Darana Chudasri, Published on 30/10/2018

» The family at the centre of a bitcoin investment scam have said they had nothing to do with the scandal, in which Finnish investor Aarni Otava Saarimaa was allegedly defrauded out of 797 million baht's worth of cryptocurrency.

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THAILAND

Fight against graft 'making headway'

News, Darana Chudasri, Published on 08/06/2018

» More people seem to be aware of corruption and they are less afraid to file complaints about it, the Anti-Corruption Organisation of Thailand (ACT) said Thursday, suggesting the battle against graft in officialdom could be making headway.

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THAILAND

Govt warns of crypto vote scam

News, Darana Chudasri, Published on 25/05/2018

» Cryptocurrency transactions could be manipulated to buy votes in the general election, Deputy Prime Minister Wissanu Krea-ngam warned Thursday.

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THAILAND

Parsing the digital gamble

Business, Darana Chudasri, Published on 14/05/2018

» The cryptocurrency frenzy dominated the headlines in 2017 as investors were hooked when bitcoin's value skyrocketed from US$330 (10,524 baht) to around $7,500 (238,935 baht) in just 24 months, sparking a gold rush in the virtual world.