Showing 1 - 10 of 33
Agency warns investors of DeFi risks, legal situation
Business, Darana Chudasri, Published on 13/07/2021
» The Thai Digital Asset Association warned investors about the risks of investing in DeFi and clarified that the association cannot serve as an intermediary in a legal dispute after Genesis, a decentralised platform (DeFi) platform, claimed the association will act as an intermediary for the indemnification for any damage caused by fraud.
SET warns stock investors over MVP shares
Darana Chudasri, Published on 06/07/2021
» The Stock Exchange of Thailand (SET) has warned investors to take caution when trading shares of M Vision Public Company Limited (MVP) as the shares' trading conditions remain highly volatile even having been put on the highest level of the market surveillance list.
SEC files criminal charge against Binance
Business, Darana Chudasri, Published on 03/07/2021
» The Securities and Exchange Commission (SEC) has filed a criminal complaint against Binance, the world's largest cryptocurrency exchange platform, for illegally operating a digital asset business without a licence under the Digital Asset Businesses Decree.
Blockchain regulation a tough task despite great potential
Business, Darana Chudasri, Published on 31/05/2021
» Utility tokens and blockchain innovations could cut business operation costs and become a new way of doing business for listed companies in the capital market, however the disclosure method for coin issuance remains a challenge for regulators as it can be arbitrarily announced on other platforms that are not authorised.
Robust daily trading volume on TFEX
Business, Darana Chudasri, Published on 28/05/2021
» The average daily trading volume of precious metals on the Thailand Futures Exchange (TFEX) climbed to 51,004 contracts per day in May, from 48,397 contracts in March and 42,318 in January, thanks to the bullish gold trends and corrections in the cryptocurrency market.
Bitkub Coin debuts on exchange in stable trade
Business, Darana Chudasri, Published on 21/05/2021
» Bitkub Coin (KUB), the native digital currency of Bitkub Chain, opened at 30 baht in its debut on the exchange yesterday afternoon, garnering a substantial trading volume of about 30 million tokens within the first four hours.
Bitcoin tumbles to a four-month low at B1.22mn
Business, Darana Chudasri, Published on 20/05/2021
» Bitcoin tumbled to a four-month low price of US$38,717.16 or 1.22 million baht at 2pm yesterday after a massive selloff, down over 38% from its all-time high of about $65,000 or 2.1 million baht in mid-April while gold -- the safe haven king -- shines amid US inflation fears.
BROOK cryptocurrency filing a first
Business, Darana Chudasri, Published on 13/05/2021
» The Brooker Group's (BROOK) unprecedented filing to the Securities and Exchange Commission regarding its investment in cryptocurrencies marked the first time a Thai-listed company publicly announced its cryptocurrency holdings amid growing concerns over investment risks associated with these emerging assets.
ID check required for new crypto accounts
Business, Darana Chudasri, Published on 03/05/2021
» Opening of new cryptocurrency accounts may slow in the second half of this year as the Anti-Money Laundering Office (Amlo) announced local digital exchanges must verify their customers' identities through a "dip-chip" machine that requires clients to be physically present.
Leading the digital assets revolution
Business, Darana Chudasri, Published on 01/05/2021
» As the price of bitcoin skyrocketed this year, new and experienced investors flocked to exchanges to cash in on the latest market upswing.