Category: Thailand

Silk Road Mentor’s Arrest Rekindles Tales of Rogue Agents and Pirate’s Treasure

Silk Road Mentor Arrest Rehashes Tales of Rogue Agents and Pirate's TreasureOn January 30, the United States Attorney for the Southern District of New York (SDNY) revealed that Roger Clark, the alleged senior advisor to the Silk Road marketplace, pleaded guilty to conspiring to distribute massive quantities of narcotics. Clark, otherwise known as ‘Variety Jones,’ was a unique character within the Silk Road saga who claimed […]

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Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies

Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital CurrenciesIn this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […]

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Asia’s Love Affair With Blockchain Is Blossoming

Asia’s Love Affair With Blockchain Is BlossomingFar away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of the region, yet enjoy high profile partnerships and endorsements in […]

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Video Shows $10M Chinese Bitcoin Mining Farm in Flames

Circulating Video Shows $10M Chinese Bitcoin Mining Farm in FlamesDuring the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. Also Read: Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money […]

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At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

More Than 18 Central Banks Give Way to Monetary Easing As Economy SlowsIn a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession. Also Read: Money and Democracy: Why […]

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PR: Hashcube Announces Bitcoin Mining Investment Forum in Thailand

PR: Hashcube Announces Bitcoin Mining Investment Forum in ThailandHashcube, a Korean Bitcoin miner retail and mining company, is proud to present Thailand’s first ever bitcoin mining investment forum on 21st September at the Amari Watergate Bangkok.

Together with large players from the crypto-industry such as Bitkub, BTC.com, Coolbitx and Cryptomind, we’re hosting an event where top industry leaders will be discussing the current landscape and sharing inside knowledge of profitable crypto investment and top solutions to building your crypto portfolio.

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Central Banks Worldwide Testing Their Own Digital Currencies

Central Banks Worldwide Testing Their Own Digital CurrenciesCentral banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft cryptocurrency bill. Also […]

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Thailand Approves 4 New Cryptocurrency Service Providers

Thailand Approves 4 New Cryptocurrency Service ProvidersThe Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules, conditions, and procedures have been introduced for digital asset businesses. Also read: G20 […]

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There’s 100 Unclaimed Bitcoin Cash Wallets Hidden Worldwide

There's a Hundred Unclaimed Bitcoin Cash Wallets Hidden WorldwideOver the last few months, the geocaching treasure hunt Findbitcoin.cash has gathered a bunch of new hidden BCH treasures. At the time of publication, there are approximately 105 concealed bitcoin cash wallets hidden all over the world with a large portion of these funds hidden in the U.S. and Australia. Also read: Bitcoin.com’s Local Bitcoin […]

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Bitcoiners’ Seastead in Deep Trouble With Thai Government

Bitcoiners’ Seastead in Deep Trouble With Thai GovernmentA seastead launched by an early bitcoin adopter off the coast of Thailand has run into trouble with local government. The Thai Navy boarded the structure Saturday, claiming it violates criminal law, which is punishable by death or life imprisonment. The owner claims that his floating home is located outside of Thailand’s maritime boundaries. Also […]

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Thailand Approves Country’s First ICO Portal

Thailand Approves Country's First ICO PortalThailand’s Securities and Exchange Commission (SEC) has reportedly approved the country’s first portal for initial coin offerings (ICOs). The main purposes of these portals are to screen tokens, perform due diligence, ensure project consistency with its whitepaper, and verify the know-your-customer process. Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval First […]

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