Showing 1 - 9 of 9
Tackling a national scourge
Business, Post Reporters, Published on 27/10/2025
» Thailand plans to rev up efforts to crack down on rampant online scams, which are a menace not only to Thailand but also the global economy. Efforts include improving existing regulations and cooperating with other countries to suppress scams.
Is USDT used for money laundering?
Business, Nuntawun Polkuamdee, Published on 09/11/2024
» At the peak of investigations into iCon Group's alleged fraud late last month, the Anti-Money Laundering Office checked the money trail of 247 million USDT, a cryptocurrency, worth more than 8 billion baht, suspecting the direct sales firm laundered funds through the popular stablecoin.
Fighting festive fraud
Business, Published on 21/12/2022
» It's no secret that holiday shopping is a boon for the retail industry, and the preponderance of double-digit sales like 12.12 continues to be one of the best opportunities for consumers to find great bargains in Asia.
Gas-Station ATMs Are a Banking Battleground
Business, AnnaMaria Andriotis, Published on 21/02/2022
» Dozens of banks had rejected Ann Marie and Dan Ellis when they opened Bank of America Corp. checking accounts last February to fund their southern Arizona network of automated teller machines.
SEC: Custodian wallet service regulations set
Business, Darana Chudasri and Nuntawun Polkuamdee, Published on 28/01/2021
» The Securities and Exchange Commission (SEC) announced yesterday digital asset custodian wallet services will soon be regulated under the Digital Asset Business law, in an effort to prevent the use of digital assets in illicit activities such as money laundering.
Blockchain and real estate
Business, Jirayut Srupsrisopa, Published on 06/08/2019
» Real estate is perhaps the oldest asset class, and with age comes a resistance to change. The first mention of a mortgage can be traced back to medieval England, and real estate agents have been around for over 100 years. But the introduction of blockchain promises to upend the traditions that dominate this market and tear down barriers to entry.
A brand-new vehicle for fraud?
Business, Nuntawun Polkuamdee, Tamm Yingcharoen and Pathom Sangwongwanich, Published on 20/08/2018
» The recent arrest of Jiratpisit "Boom" Jaravijit over allegations of a bitcoin fraud worth 797 million baht has fuelled misunderstandings about cryptocurrencies as Thailand deploys one of the most advanced legal frameworks in the world for utilisation.
Digital asset trading faces 7% VAT levy
Business, Wichit Chantanusornsiri, Published on 15/03/2018
» Investors who make digital-asset-related trades will be liable for a 7% value-added tax (VAT), on top of the 15% withholding tax on capital gains and returns from such investments, when the new law is enforced.
Regulators to meet for ICO framework
Business, Wichit Chantanusornsiri, Published on 05/03/2018
» The Finance Ministry, the Bank of Thailand, the Securities and Exchange Commission (SEC) and the Anti-Money Laundering Office are scheduled to meet on Tuesday to create a clearer regulatory framework to supervise initial coin offerings (ICOs) and cryptocurrencies.