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Search Result for “cryto.cryptocurrency”

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GENERAL

Bitcoin hits B2m amid crypto boom

Business, Published on 29/02/2024

» The price of Bitcoin topped 2 million baht on the Bitkub digital asset exchange as global prices spiked to a new high of US$59,000 on Wednesday afternoon, amid institutional buying of spot Bitcoin exchange-traded funds (ETFs) and growing retail investor interest in cryptocurrency.

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BUSINESS

Crypto dreams dashed as regulators tighten rules

Bloomberg News, Published on 09/09/2022

» Thailand’s goal of becoming Southeast Asia’s leading trading centre for digital assets has suffered a setback, following moves by regulators to tighten rules in the wake of trading irregularities and the collapse of a major acquisition involving a crypto exchange.

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BUSINESS

Crypto bankruptcy adds to Thai woes

Business, Poonyapat Luenam, Published on 16/07/2022

» The collapsing value of Thai digital assets has been exacerbated by the bankruptcy of US-based Celsius Network, following months of rapidly deteriorating sentiment in the global and domestic cryptocurrency markets and a series of insolvencies among high-profile crypto lenders.

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BUSINESS

Thailand to regulate use of digital assets as payments

Reuters, Published on 25/01/2022

» Thailand plans to ban digital asset operators from facilitating use of crypto as a means of payment for goods and services, its central bank and market regulator said on Tuesday, in a bid to limit risks.

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BUSINESS

Bitcoin tumbling below $34,000

Bloomberg News, Published on 24/01/2022

» The selloff in cryptocurrencies gained new momentum on Monday, with Bitcoin tumbling to a six-month low and other tokens seeing big losses.

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BUSINESS

Revenue dept to finalise crypto tax details this month

Post Reporters, Published on 10/01/2022

» Clear criteria for calculating withholding tax on profits from cryptocurrency and digital asset trading are expected be finalised this month, the Revenue Department director-general said on Monday.