Showing 1 - 10 of 16
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.
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.
SEC issues warning on Binance's legality
News, Darana Chudasri, Published on 07/04/2021
» The Securities and Exchange Commission (SEC) is warning investors that Binance, an international cryptocurrency exchange based in Malta that accepts Thai baht deposits, is illegal in Thailand and has called on the company to open a dialogue with the regulator.
SEC urges caution as Binance takes off
Darana Chudasri, Published on 06/04/2021
» The Securities and Exchange Commission (SEC) is warning investors that Binance, an international cryptocurrency exchange based in Malta that accepts Thai baht deposits, is illegal in Thailand and calls on the company to open dialogue with the regulator.
SEC files lawsuit against BX
Business, Darana Chudasri, Published on 23/12/2020
» The Securities and Exchange Commission (SEC) filed a criminal suit on Tuesday against Bitcoin Company Limited (BX), the country's first and the largest digital exchange which closed its business last year, alleging the company transferred customers' digital assets to digital wallets not authorised to hold customers' assets.
Parsing digital asset classes
Business, Darana Chudasri, Published on 06/12/2018
» The allure of digital asset investment has returned to the attention of investors with legislation that would regulate digital asset trading and transactions in Thailand.
Family in bitcoin scam case plead innocence
News, Darana Chudasri, Published on 30/10/2018
» The family at the centre of a bitcoin investment scam have said they had nothing to do with the scandal, in which Finnish investor Aarni Otava Saarimaa was allegedly defrauded out of 797 million baht's worth of cryptocurrency.
Regulators push digital literacy
Business, Darana Chudasri, Published on 08/09/2018
» As more transactions use cryptocurrency, the public should become digitally literate to guard against scams, authorities say.
Govt warns of crypto vote scam
News, Darana Chudasri, Published on 25/05/2018
» Cryptocurrency transactions could be manipulated to buy votes in the general election, Deputy Prime Minister Wissanu Krea-ngam warned Thursday.
OIC: Industry largely solvent, unlike Chao Phaya
Business, Darana Chudasri, Published on 29/03/2018
» Most insurance companies are not in as poor financial health as Chao Phaya Insurance Plc, as they maintain an average capital adequacy ratio (CAR) of 220-230%, higher than the required threshold of 140%, says the Office of the Insurance Commission (OIC).