thailand

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‘This Is the Usual’: Thai Central Bank Governor on CBDC Pilot Delay
A retail central bank digital currency will probably replace cash but not other means of payment out there, including private methods, the governor said.
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Siam Commercial Bank Is Chasing DeFi Yield Through Compound
The bank’s venture arm, SCB 10X, is using Compound Treasury’s 4% yield service via the Fireblocks custody platform.
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Thailand Bans Crypto as Means of Payment
The Thai SEC stressed it is only banning the use of crypto for payments and is not banning crypto trading and digital assets.
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Thailand Eases Tax Rules on Digital Assets Until 2023
Crypto traders on government-approved exchanges will be exempt from a 7% value added tax (VAT), the country's finance minister said at a cabinet meeting.
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Thailand Axes 15% Crypto Withholding Tax Plans Following Pushback: Report
Earned income on crypto trading or mining can be reported as capital gains on income taxes, tax officials said.
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Thai Authorities Plan to Regulate Crypto as Means of Payment
The Thai SEC has also proposed a set of guidelines to limit the use of digital assets for payments.
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Binance to Set Up Crypto Exchange With Thailand's Gulf Energy Development
Gulf Energy Development says it foresees "rapid growth in digital infrastructure" in the country.
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Thailand’s Crypto Traders to Be Subject to 15% Capital Gains Tax: Report
The report quotes a person in the Finance Ministry who also said cryptocurrency traders should prepare for increased surveillance.
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Thai Central Bank to Delay CBDC Test Till Late 2022: Report
The bank will look at CBDC as a cash substitute.
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mBridge Reveals 15 Use Cases and 22 Heavyweight Participants
Goldman Sachs, HSBC, Société Générale, and China’s biggest state-owned banks are part of the project.
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