Showing 71 - 80 of 95
Digital asset trading licences issued soon, says Bitkub
Business, Nuntawun Polkuamdee, Published on 05/10/2018
» The Finance Ministry is expected to issue digital asset operating licences for applicants later this year or early next year, and Thai securities companies have expressed interest in partnering with digital asset exchanges, says a blockchain expert.
Interest digital assets bubbling up
Business, Nuntawun Polkuamdee, Published on 04/09/2018
» Around 20 companies are interested in applying for operating licences to become authorised digital asset exchanges, with possible merger and acquisition deals in the future, given traction from traditional players, say blockchain experts.
Blockchain registrar use under study
Business, Nuntawun Polkuamdee, Published on 16/07/2018
» The Thai Bond Market Association (TBMA) is studying the use of blockchain technology for a bond registrar services platform for corporate bond transactions, with the aim of creating a "Bond Coin" for a swift clearing and settlement system.
Long-term silver lining as short-term flows persist
Business, Nuntawun Polkuamdee, Published on 12/07/2018
» Foreign fund outflows in short-term Thai bonds are expected to persist given the baht's depreciation, but inflows in long-term debt securities are poised to continue because of the higher investment return compared with the 10-year US Treasury note, says the Thai Bond Market Association (TBMA).
TFA, crypto companies to meet with officials
Business, Nuntawun Polkuamdee, Published on 23/05/2018
» The Thai Fintech Association (TFA) and cryptocurrency businesses will meet with financial authorities to discuss tax measures in the digital asset decree, aiming to address fears that stringent taxes will compel these businesses to flee overseas to raise funds.
IFRS 9 bringing unpredictable changes
Business, Nuntawun Polkuamdee, Published on 03/05/2018
» International Financial Reporting Standard 9 (IFRS 9) will have an impact on banks' provisions and financial statements and could jeopardise macroeconomic growth momentum, as the rise in bank provisions might make it harder for small and medium-sized enterprises (SMEs) to obtain loans.
Street Exchange to raise funds from ICO
Business, Nuntawun Polkuamdee, Published on 26/04/2018
» Street Exchange, a platform for digital currency trading, plans to launch an initial coin offering (ICO) worth US$100 million (3.16 billion baht) next month, aiming to secure funds to develop a decentralised clearing and settlement system.
Crypto fans urge capital gains rethink
Business, Nuntawun Polkuamdee, Published on 17/04/2018
» Crypto enthusiasts and issuers of initial coin offerings have asked the Finance Ministry to delay or waive the capital gains tax to be imposed on ICOs and cryptocurrency trading, aiming to assist the fund-raising process for startups domestically.
B500m limit suggested as mechanism to curb ICO risk
Business, Nuntawun Polkuamdee, Published on 16/03/2018
» The Securities and Exchange Commission (SEC) could impose a cap on funds raised from initial coin offerings (ICOs) of 500 million baht per project in an attempt to curb systemic risks, says an academic.
SEC supervision of ICOs considered
Business, Nuntawun Polkuamdee, Published on 03/03/2018
» The Finance Ministry is considering the appointment of the Securities and Exchange Commission (SEC) to supervise fund-raising involving initial coin offerings (ICOs) and digital assets.