Huobi Thailand Launches Amidst Coronavirus Outbreak

The advance of coronavirus in the region hasn’t precluded the launch of Huobi Thailand, which allows for a fiat gateway to BTC, ETH, HT, and USDT from the start, and plans to expand the offering in the near future according to the company’s press release Cointelegraph received today, March 5.

Licensing

Last year,

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Hong Kong and Thailand Pilot DLT-Based Project for Cross-Border Payments

Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency (CBDC) for cross-border payments.

On Jan. 22, the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) officially announced the outcomes of a joint CBDC research project called Project Inthanon-LionRock.

Alongside publishing a joint press release,

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Thailand Integrates Blockchain to E-Visa System for Higher Security

Thailand, one of the most-visited countries in the world, will soon apply blockchain to its Electronic Visa On Arrival (eVOA).

Thailand’s new blockchain-powered eVOA system intends to speed up and protect the digital visa application process and will soon be available for five million visitors from 20 countries.

eVOA operator partners with Australian travel firm for the blockchain-enabled service

The upcoming eVOA feature is a joint effort of Australian travel company ShareRing and Gateway Services,

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Thailand Pushes Permissive Regulations as First Legal ICO Is Launched

After initially seeking to ban Bitcoin in 2013, Thailand has since developed a permissive regulatory apparatus for digital currencies and cryptocurrency fundraising methods. Thai financial services firm Seamico Securities recently announced that it has received approval from the country’s Securities and Investments Commission (SEC) to operate its subsidiary, SE Digital, as a regulated initial coin offering (ICO) portal.

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Thailand's New ICO Rule Has Already Attracted 20 Crypto Exchanges

Thailand’s new licensing rule that governs initial coin offerings (ICOs) has gained interests from companies setting out to offer token sales and exchange services just weeks after the rule went into effect, official said.

In a news report from Bangkok Post on Thursday, Rapee Sucharitakul, the secretary-general of the Thailand Securities and Exchange Commission (SEC),

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Bank of Thailand Allows Banks to Open Subsidiaries for Crypto Dealings

The Bank of Thailand (BoT) has recently allowed local banks to set up subsidiaries for dealing with cryptocurrencies, local Thai source Blognone reported August 3.

According to a regulatory announcement published by the BoT on August 1, Thai banks can now issue digital tokens, provide crypto brokerage services, run crypto-related businesses, and invest in cryptocurrencies through subsidiaries.

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Thailand’s Largest Movie Theater Chain Will Accept Cryptocurrency


Major Cineplex, Thailand’s largest movie theater operator, is integrating cryptocurrency payments to allow movie-goers to buy everything from tickets to popcorn with bitcoin and other digital currencies.

The endeavor follows a partnership with Swiss fintech developer RapidzPay wherein the multiplex operator will deploy a digital payment ecosystem built by the latter firm to ingrate cryptocurrency payments at point-of-sale (PoS) machines at its theatres,

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Largest Movie Theater Chain in Thailand Going Crypto

News

Thailand’s largest movie theater chain, Major Cineplex, is reportedly integrating crypto payments to allow customers to pay for its services and products with cryptocurrency, including movie tickets and popcorn. Thailand recently began regulating crypto businesses. This week, the Thai Securities and Exchange Commission started accepting license applications from crypto operators.

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