Taxpayers in Thailand who profit from cryptocurrencies will be subject to a 15% capital gains tax this year, according to the Bangkok Post.Exchanges will be exempt, but not retail investors or mining operators, according to the newspaper, which cited an unidentified person at the Finance Ministry.The Revenue Department plans to strengthen its surveillance of cryptocurrency … [Read more...] about Thailand’s Crypto Traders to Be Subject to 15% Capital Gains Tax: Report
Thailands
Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange
Bitkub, which is licensed by Thailand’s Securities and Exchange Commission (SEC), has reported trading volume of over $30 billion from January to September 2021, making it comfortably the country’s largest crypto exchange, with a market share of over 90%. Source link … [Read more...] about Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange
Thailand’s biggest shopping center trialing digital currency
Central Retail Corp., a leading firm in Thailand's retail industry, is testing a digital currency among its employees. After the sandbox phase is finished, the retail giant plans to extend the service to customers and the general public, according to a report by Bloomberg. The “C-Coin,” a blockchain-powered cryptocurrency, is being offered to 80,000 Central Retail Corp … [Read more...] about Thailand’s biggest shopping center trialing digital currency
Thailand’s SEC looks to regulate the issuance of DeFi tokens
The Securities and Exchange Commission (SEC) of Thailand has announced that it may require decentralized finance (DeFi) projects that issue cryptocurrencies to obtain corresponding licenses in the future, Bangkok Post reported today.“The issuance of digital tokens must be authorized and overseen by the Securities and Exchange Commission and the issuer is required to disclose … [Read more...] about Thailand’s SEC looks to regulate the issuance of DeFi tokens
Thailand’s largest movie theater chain accepts Bitcoin
Major Cineplex Group, the largest operator of movie theaters in Thailand, has reportedly enabled some of its customers to buy tickets with cryptocurrencies like Bitcoin (BTC).According to a Thursday report by local news agency Siam Rath, Major Cineplex has announced the launch of its cryptocurrency payment pilot project in a move to support innovation and new technologies.In … [Read more...] about Thailand’s largest movie theater chain accepts Bitcoin