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Search Result for “money laundering”

Showing 21 - 30 of 38

BUSINESS

10 firms seek to capitalise on BX closure

Business, Nuntawun Polkuamdee, Published on 04/09/2019

» Bitcoin Co Ltd's recent closure announcement is unlikely to have a negative effect on Thailand's digital asset industry because there are about 10 other companies applying to become authorised digital asset exchanges, says the Securities and Exchange Commission (SEC).

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BUSINESS

SEC says stablecoin won't be employed as fundraising tool

Business, Nuntawun Polkuamdee, Published on 16/07/2019

» The Stock Exchange of Thailand's (SET) stablecoin is to be used as an e-payment medium for clearing and settlement and not a fundraising tool, says a senior official at the Securities and Exchange Commission (SEC).

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BUSINESS

New reporting rule for digital asset trading

Nuntawun Polkuamdee, Published on 15/07/2019

» Parties involved with digital asset transactions worth above 5 million baht will have to report their trades to the Anti-Money Laundering Office (Amlo).

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THAILAND

New reporting requirement for digital asset trading

Nuntawun Polkuamdee, Published on 15/07/2019

» Parties involved with digital asset transactions worth above 5 million baht will have to report their trades to the Anti-Money Laundering Office (Amlo).

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BUSINESS

SET mulls 'stablecoin' to tame Libra

Business, Nuntawun Polkuamdee, Published on 10/07/2019

» The Stock Exchange of Thailand (SET) has floated the idea of launching a digital "stablecoin" to be used domestically at first before expanding into Cambodia, Laos, Myanmar and Vietnam if the asset takes hold.

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BUSINESS

For 'Topp', no use resisting the urge to coin money

Business, Nuntawun Polkuamdee, Published on 08/12/2018

» Five years ago, Jirayut Srupsrisopa made the daring decision to leave his high-paying office job and follow his calling into entrepreneurship. He managed to secure his dream job and is now pursuing his passion of creating the world's largest digital asset exchange.

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BUSINESS

Energy Earth creditors turn to Amlo

Business, Nuntawun Polkuamdee, Published on 07/12/2018

» Some 40 bond creditors of SET-listed Energy Earth Plc (EARTH) met on Thursday with Anti-Money Laundering Office (Amlo) officials to submit a letter requesting an examination into money transactions and asset transfers conducted by the company's executives and management.

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BUSINESS

GH Bank targets digital service overhaul

Business, Nuntawun Polkuamdee, Published on 30/07/2018

» Inspired by Scandinavia's cashless society push, state-owned GH Bank has set its sights on becoming a digital services bank by jump-starting its mobile app and QR code payment service.

BUSINESS

SEC restricts initial ICOs to local firms

Business, Nuntawun Polkuamdee, Published on 22/05/2018

» The Securities and Exchange Commission (SEC) will only allow firms registered in Thailand to launch initial coin offering (ICOs) in the initial stage to raise funds from the domestic market.

BUSINESS

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.