Thailand Adopts Rules Restricting Cryptocurrency Payments From April
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Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only…
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The Securities and Exchange Commission of Thailand announced a ban preventing businesses from receiving cryptocurrencies as payment. In accordance with the central Bank of Thailand, the Securities... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
Thailand’s finance minister, Pichai Chunhavajira, has made some positive comments regarding the wider adoption of digital asset payments in the kingdom, but several hurdles remain. On Jan. 8, Mr Pichai questioned why Thailand should not embrace cryptocurrencies, which are being exchanged globally with strong demand, answered: “With growing demand and…
Thailand, known to be a crypto-friendly country, is now banning the use of cryptocurrencies as a means of payment for its citizens from April 2022. Citing money laundering concerns, the country’s... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…