Thailand is among the countries capitalizing on China’s crypto crackdown, with retail investors increasingly mining crypto.
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IMF chief economist calls for global policy on cryptocurrency
The economist’s remarks come as nations around the world consider how to control cryptocurrencies.
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Thailand to define ‘red lines‘ for crypto in early 2022
“Cryptocurrencies cannot become a means of payment,” Bank of Thailand governor Sethaput Suthiwartnarueput stated.
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Bank of Thailand to draw “red lines” on cryptocurrencies amidst crypto boom
The clarity in crypto regulations is lacking in many countries despite the rising rate of crypto adoption globally. Very few jurisdictions have clear and progressive
Read moreBank Of Thailand Voices Concerns Over Crypto’s Use For Payments
Bank of Thailand (BoT) officials have stated that it’s not illegal to use cryptocurrency as means of payment but warned that users should be prepared
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Thailand Doesn’t Prohibit Crypto Use for Payments but Warns of Price Fluctuation
Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to
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