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Search Result for “cryptocurrency”

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BUSINESS

ASP: ICOs could set off global stock market spiral

Business, Darana Chudasri, Published on 01/02/2018

» Investment in initial coin offerings (ICOs) and digital currencies could ignite a global stock market crisis if their asset value deteriorates, says Asia Plus Securities (ASP).

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BUSINESS

Japan's Line to launch cryptocurrency exchange

Published on 31/01/2018

» TOKYO: Japan's Line Corp plans to launch a cryptocurrency exchange, a move that comes as regulators investigate such exchanges in the country after hackers stole US$530 million (16.6 billion baht) in digital money from Coincheck in one of the world's biggest cyberheists.

THAILAND

Crypto rules sought to nail scammers

News, King-oua Laohong, Published on 31/01/2018

» The Anti-Money Laundering Office (Amlo) is drafting a law to look into cryptocurrencies after call centre scammers and other fraudsters were found to be storing their ill-gotten gains in Bitcoin and other digital currencies.

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BUSINESS

Jay Mart says ICO will go on

Business, Komsan Tortermvasana, Published on 31/01/2018

» SET-listed mobile distributor Jay Mart insists that it will move ahead with selling its JFin digital currency through an initial coin offering (ICO) as scheduled, with company officials voicing confidence that the plan will comply with soon-to-be-launched regulations.

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THAILAND

Bitcoin a godsend for call scams

News, Post Reporters, Published on 30/01/2018

» Authorities are meting out measures to prevent further damage after new findings suggest fraudsters in various scams have switched to cryptocurrencies to hide their ill-gotten assets.

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BUSINESS

SEC: ICO study finds high risk, indicating need for regulation

Business, Darana Chudasri, Published on 30/01/2018

» A study on investment in initial coin offerings (ICO) indicates 95% of ICO investment is deemed a failure, with the remaining 5% reaping a considerably high return, says the Securities and Exchange Commission (SEC).

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WORLD

Huge cryptocurrency heist spurs calls for more regulation

Bloomberg News, Published on 29/01/2018

» TOKYO: At 2.57am on Friday morning in Tokyo, someone hacked into the digital wallet of Japanese cryptocurrency exchange Coincheck Inc and pulled off one of the biggest heists in history.

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THAILAND

Fending off token opposition

Business, Published on 29/01/2018

» Traditional investment assets such as bullion and equity have been superseded by initial coin offerings (ICO), a much-touted digital crowdfunding option making a big bang across the globe.

BUSINESS

Phillip sets bitcoin investor standards

Business, Nuntawun Polkuamdee, Published on 25/01/2018

» Phillip Securities Thailand says Thais interested in investing in regulated bitcoin futures have to meet the company's criteria and be prepared to shoulder the risks associated with high fluctuations in price.

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BUSINESS

Two more coin offerings in the works

Business, Published on 25/01/2018

» Two more non-listed companies will seek to raise funds through an initial coin offering soon, following in the footsteps of J Ventures' plan to issue an ICO in March, says former Finance Minister Korn Chatikavanij.