The Thai government took a significant step toward a digital tourism model with the launch of the TouristDigiPay crypto wallet. The tool will facilitate the use of cryptocurrencies by visitors and strengthen their adoption.
The government has detailed that the project to launch the wallet was…
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Thailand
Cryptocurrency sales in Thailand to receive five-year tax exemption
Thailand has approved exempting cryptocurrency sales from tax for five years, until 2029, provided they are made through authorized crypto asset service providers.
This was announced by the country's Deputy Finance Minister, Julapun…
Brazil announced new members of the BRICS
The BRICS group, through the Ministry of Foreign Affairs of Brazil, announced its new members, which are: Cuba, Bolivia, Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda and Uzbekistan.
With the announcement made…
Thailand threatens to shut down Facebook over massive crypto scams
Thailand has decided to require an injunction to shut down Facebook if it fails to effectively address misleading investment ads and cryptocurrency scams on its platform.
On Aug. 21, the Ministry of Digital Economy and Society (MDES)…
EU and Thailand resume talks for a free trade agreement
Thailand and the European Union announced Wednesday that they will resume talks for a free trade agreement, which seeks to benefit both parties.
The executive vice-president of the European Commission and head of Trade, Valdis Dombrovkis,…
China to start tourist travel pilot plan in February
In a recent announcement by the Chinese Ministry of Culture and Tourism, it was revealed that they will launch a pilot tourist travel plan starting next February 6, resuming the activity suspended by the Covid-19 pandemic.
It is a pilot…
Thailand will need more time for its CBDC
The Central Bank of Thailand (BOT) assured that it has no intention of rushing the launch of its own digital currency, CBDC, so it will take more time than expected to study this possibility and determine the benefits it would bring to the…
Binance will restore its services in Thailand
Cryptocurrency exchange Binance is very interested in returning to providing services in Thailand, in addition to opening a new branch in said country.
The digital asset exchange company recently signed an agreement with Gulf Energy, a…
Gigabyte suffers massive attack against its servers
The Taiwanese manufacturer of computers and IT components Gigabyte was the victim this weekend of a cyberattack of ransomware that allowed criminals to seize 112GB of company data, although its operations have not been affected.
As…
China teams up with Thailand and the UAE in crypto project
Banking entities located in China, Thailand and the United Arab Emirates, together with the Hong Kong Monetary Authority have strengthened cooperation for the creation of a cryptographic pilot plan called the Multiple Central Bank Digital…