Inflation in Thailand will largely be “contained” because the price pressures in the country are not as broad-based compared to some developed markets, said the governor of Bank of Thailan...
Tag: Thailand
Billionaire Chirathivat Family’s Central Retail Aims To More Than Double Revenue Over Next Five Years
Tos Chirathivat, chairman of Central Group, poses for a photograph in Bangkok, Thailand, on … [+] Wednesday, Jan. 3, 2018. Central Group, controls Thailand’s biggest operator of shopping m...
Here’s why Thailand has all the right spices for crypto deals, mining & ventures
Business partnerships and ventures are important in crypto as they indicate where and when major moves might take place in the near future. That said, several signs are pointing to one particular loca...
Thailand dropped its plans to tax crypto transactions at 15%
Crypto mainstream acceptance has become an issue of concern for several governments globally. Governments globally are looking to halt crypto transactions in their region or tax massive percentages on...
Thailand Drops 15% Capital Gains Tax Plan on Crypto
Thailand’s revenue department has abandoned a plan to impose a 15% withholding tax on crypto transactions, according to the Financial Times. The news comes amid opposition from traders in the country....
Thailand Has Just Axed The 15% Tax On Crypto
Thailand’s revenue department has decided to drop the 15% tax levied on cryptocurrency. This is a piece of positive news for the progressing cryptocurrency industry. This decision to do away with impo...
Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax – Taxes Bitcoin News
Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get...
No more crypto tax in Thailand
Thailand is stripping back its plan to impose a 15% tax regime on crypto gains made in the country after crypto traders in the country kicked against the move according to a report from the Financial ...
Thailand Abandoned its Proposed 15% Crypto Tax
Thailand is abandoning its proposed 15% tax on cryptocurrencies including mining. The Thai government faced strong backlash to the proposed crypto tax. Paiboon Nalinthrangkurn, chairman of the Federat...
Thailand axes 15% tax for crypto traders a week after proposal
Thailand’s original plan to levy a 15% withholding tax on cryptocurrency transactions has been scrapped following major pushback from crypto traders. The statement announced only last week, set ...
Thailand, stop to Bitcoin trading tax
Thailand has abandoned its intentions to implement a tax on Bitcoin and cryptocurrency trading and this has made local traders breathe a sigh of relief. The tax on Bitcoin trading in Thailand As repor...
Thailand scraps 15% crypto capital gains tax following public backlash
Thailand has decided to suspend the implementation of its 15% cryptocurrency capital gains tax for now. The proposal, which was presented earlier this year, triggered a lot of opposition, but it appea...
Thailand Drops 15% Crypto Tax After Pushback From Public
Thailand has decided to do away with its 15% cryptocurrency capital gains tax for the moment. The plan, announced earlier in the month, received heavy opposition, but it appears that the crypto market...
Thailand halts crypto taxation plans
TL;DR Breakdown • Binance plans to operate in Thailand if the government eases its crypto regulations.• The country in Asia seeks to take advantage of crypto-mining. After negotiations with national r...
Thailand Presents More Relaxed Plans for Cryptocurrency Taxation: Report
The Asian country has dabbled with what sorts of tax it should put on cryptocurrency mining, trading, and transacting for months. However, the Financial Times reported that the authorities had ultimat...
Thailand ready to regulate crypto payments
In a joint statement, the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC) and the Ministry of Finance (MOF) issued a statement to express the need for prompt regulation of digital...
BOT, SEC, and MOF Jointly Plans To Regulate Crypto in Thailand
With rising concerns for regulatory policies to be placed on the crypto market, the Bank of Thailand (BOT), the Securities and Exchange Commission (SEC), and the Ministry of Finance (MOF) in a joint p...
Thailand Announces Cryptocurrency Will Be Regulated as Means of Payment – Regulation Bitcoin News
Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential impacts on the country’s financial stability and economic system.” The ann...
Thailand all set to regulate cryptocurrency as means of payment
The Bank of Thailand (BOT), in association with Thailand’s Security And Exchange Commission (SEC) and Ministry of Finance (MOF), will jointly be spearheading the endeavor of regulating cryptocurrency...
Thailand To Regulate Cryptocurrencies As Means of Payment
The financial authorities of Thailand have all teamed up in a bid to come up with regulations that will limit the use of digital assets as a means of payment in the region. Additionally, the regulator...
Thailand To Regulate Use Of Cryptocurrencies For Payment
The Bank of Thailand (BOT), Securities and Exchange Commission (SEC) and Ministry of Finance (MOF) have jointly decided to regulate the use of cryptocurrencies as a medium of exchange. They cite threa...
A food guide to the Thai capital
Bangkok revels in its status as a culinary mecca. From wizened street vendors who perform alchemy with sizzling woks to whiz-kid chefs who are shaping the fine dining scene, the city lays claim to one...
Binance to Launch New Cryptocurrency Exchange in Thailand After Thai SEC Filed Criminal Complaint – Bitcoin News
Crypto exchange Binance is launching a new exchange in Thailand after the country’s Securities and Exchange Commission (SEC) filed a complaint against the company for operating without a license. Bina...
Thailand Government Disperses Confusion Surrounding Cryptocurrency Taxation
Before now, some countries have mapped out some crypto taxes for transactions on cryptocurrency assets within their jurisdiction. Thailand is one of the countries that proposes some taxation plans. As...
Binance eyes Thailand for latest crypto exchange expansion
Binance is looking to re-establish crypto exchange services and possibly open a new branch in Thailand after signing an agreement with Gulf Energy Development PCL. Gulf Energy Development PCL is a Tha...
Binance to Establish a Crypto Exchange in Thailand (Report)
The world’s leading digital asset platform – Binance – has reportedly collaborated with the Gulf Energy Development PCL – owned by the Thai billionaire Sarath Ratanavadi. The main goal is to set up a ...
Thailand’s Baiya Phytopharm working on plant-based Covid vaccine
Thailand’s Baiya Phytopharm wants to develop the country’s first plant-based Covid vaccine. The start-up, founded by Dr. Suthira Taychakhoonavudh and Dr. Waranyoo Phoolcharoen in 2018, has...
Thailand crypto trading takes a major turn
Crypto trading in Thailand has dealt with a near severe blow with sweeping tax measures Profits or each transaction will soon be taxed by the government in Thailand 15% capital gains tax had been earl...
Thailand embraces crypto-mining with transparent policies
TL;DR Breakdown • The country in Asia goes against all the anti-crypto ideals.• Thailand is the go-to haven for small crypto mining farms. After China banned the cryptocurrency market and crypto-minin...
Opposition Mounts to Crippling Crypto Tax in Thailand
Opposition from both sides of the political divide is mounting in Thailand over the revenue department’s proposed 15% capital gains tax on crypto trading profits. Earlier this month, Thailand’s revenu...
Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains – Taxes Bitcoin News
As Thailand prepares to impose a levy on crypto profits, parties on both sides of the aisle have expressed concerns over the government’s current proposal. A number of political figures have insisted ...
Thailand government to clear up crypto tax confusion
Thailand is fast-tracking its crypto tax plans as it readies regulations for digital asset traders this month in an effort to provide further clarity on crypto-related activities. The Thai revenue dep...