Tag: thailand

regulations
January 09, 2019 BY Mariela Naydenova

New cryptocurrency regulations in Thailand

Thailand is following in the footsteps of Japan, when it comes to regulating the cryptocurrency industry. Thailand has recently issued its very first licenses to four cryptocurrency exchange applicants. The Security and Exchange Commission in Thailand has already granted four licenses to Bitcoin Co, Satang Corporation, Bitkub Oline Co ltd and Coins TH Co. The…

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August 09, 2018 BY Mariela Naydenova

South Asia's position on cryptocurrencies

Vietnam is one of those countries that stands firmly against cryptocurrencies, judging by their legal actions. Country officials are currently pushing for more regulations to be introduced for cryptocurrency trading and transactions. Thailand is in the same position as Vietnam. The two countries are anti-crypto and officials are looking for ways to prevent businesses from…

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SquaredFinancial launches selected cryptocurrencies offer
February 13, 2018 BY Mariela Naydenova

Thailand to regulate all digital currencies

Thailand has now joined the long list of countries that went against Bitcoin and digital currencies as a whole. According to press, Thailand’s central bank said on Monday, February 12th that it had asked financial institutions not to get involved in cryptocurrency transactions for fear of possible problems from the unregulated trading. What that means…

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July 31, 2017 BY admin

NordFX informs Thailand's MyPay stops its payment activities

Global forex brokerage NordFX has informed today that the Thailand based MyPay Payment System has officially announced that, starting from August 2, 2017, it will stop processing payments including the option to Deposit into MyPay Pocket. The management of MyPay told NordFX the reason for this is the unprofitability of working in Thailand due to…

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October 10, 2016 BY Mike Fox

FXTM adds MyPay for account deposits

Forex broker FXTM announced today a new deposit method for clients partnering with MyPay, one of the most popular online payment processors in Thailand. Clients from the region will now be able to fund their trading accounts using Thai baht (THB) with one of the most convenient and safest online methods available. After deposing in Baht…

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September 26, 2016 BY Mike Fox

Thanachart Bank adopts Bloomberg’s multi-asset risk platform

Bloomberg, the global business and financial information and news leader, today announced that Thanachart Bank (BKK:TCAP), Thailand’s sixth largest bank by asset size, has selected Bloomberg’s multi-asset risk solution (MARS) for counterparty risk management. A subsidiary of Thanachart Group, Thanachart Bank will be adopting MARS to recognize and report the credit value adjustment (CVA) on…

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October 17, 2014 BY Mike Fox

The first local MetaTrader 5 offering in Thailand launched

The MetaTrader 5 trading platform continues its expansion in the fast growing markets. In mid-October, one of the Thailand brokers Apple Wealth officially launched the terminal in demo mode on the Stock Exchange of Thailand (SET). By December 2014, Thai traders using MetaTrader 5 will have a real opportunity to trade stocks and futures on…

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