Showing 1 - 10 of 36
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.
MTL alert to demographic time bomb
Business, Darana Chudasri, Published on 05/07/2021
» Muang Thai Life Assurance (MTL) has rejigged its organisational structure to prepare for Thailand's transition towards an increasingly ageing society, viewed by the company as an economic time bomb.
SEC seeks to regulate decentralised finance
Business, Darana Chudasri, Published on 01/06/2021
» Activities related to decentralised finance (DeFi) projects which involve digital coin issuance may require a licence from the regulator in the near future, the Securities and Exchange Commission (SEC) announced.
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.
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.
Frank gets rebranded as Bolttech
Business, Darana Chudasri, Published on 27/01/2021
» Frank Insurance, a digital insurance broker, rebranded as Bolttech Insurance Broker (Thailand) last week in an effort by its Hong Kong-based parent company to consolidate digital insurance units under one brand.
TLAA wants OIC to widen insurers' investment options
Business, Darana Chudasri, Published on 12/10/2020
» The Thai Life Assurance Association (TLAA) has requested the Office of the Insurance Commission (OIC) study the feasibility of allowing insurers to invest in a wider range of funds and bonds to take advantage of the low-interest-rate environment.
YouTubers promote digital token trading
Business, Darana Chudasri, Published on 05/10/2020
» While many Thais are quick to name their favourite YouTuber, fewer could tell you their favourite cryptocurrency.
Mad dash to cash in on gold spike
Business, Darana Chudasri, Published on 16/04/2020
» Thailand's net gold exports of 18,052 kilogrammes in February and 17,638kg in March outpaced the total volume in 2019 of 13,528kg, indicating a mad rush to sell the metal, while the lopsided market has compelled some goldsmiths to temporarily shut down for fear of a cash shortage.
SEC readies DLT development plan for CMDF board
Business, Darana Chudasri, Published on 12/11/2019
» The Securities and Exchange Commission (SEC) plans to present its development plan on distributed ledger technology (DLT) next week, then convey information to the Capital Market Development Fund (CMDF) board next month to seek project financing.