Thailand SEC on the Edge of Banning Crypto Staking and Lending Services

Thailand SEC on the Edge of Banning Crypto Staking and Lending Services

Earlier this month, on March 8, Thailand SEC (Securities and Exchange Commission) released a statement that crypto businesses’ staking and lending services will be subject to regulation. Crypto enthusiasts are wondering if the statement means Southeast Asian nations are planning to ban staking and lending services on cryptocurrency exchanges in the region.   What If … Read more

Bank of Thailand to Launch CBDC by 2022 End

Bank of Thailand to Launch CBDC by 2022 end (1)

In addition to its retail central bank digital currency (CBDC) programs and proof-of-concept Retail CBDC tests with corporate entities, the Bank of Thailand (BOT) will increase the scope of CBDC development focused on retail and enter a pilot phase shortly. One potential use of the “Retail CBDC” in real life will be tested on a … Read more