Thailand

Thailand’s New Pro-Crypto Prime Minister Was an Active Crypto Investor
The resolution of political drama and appointment of Srettha Thavisin as Thailand’s next Prime Minister means a 10,000 THB ‘airdrop’ is likely happening.

Thailand Issues Warning Against Meta Over Fraudulent Crypto Ads
Thailand’s Ministry of Digital Economy and Society (DES) is warning Meta's (META) Facebook that the platform risks being expelled from the country if the site doesn't curb the number of fraudulent crypto investment scams being advertised. "The Hash" panel discusses whether Facebook should be blamed for the advertisement and the significance of preventing crypto scams.

Thailand Warns Facebook Parent Company Meta to Curb Crypto Scams
Thailand’s Ministry of Digital Economy and Society (DES) has told Meta's (META) Facebook to curb the number of fraudulent crypto investment scams being advertised on the site. And, the Minister in charge of DES has asked a Thai court to prepare an order that would shut down Facebook by the end of the month if the platform doesn’t comply. "First Mover" hosts Jennifer Sanasie and Amitoj Singh break down the latest developments.

Thailand Warns Meta to Rein In Crypto Scams or Face Expulsion
A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes.

Singapore, Thailand Clarify Crypto Rules; NFTs Become New Cultural Frontier
Host Angie Lau takes a deep dive into the crypto regulatory framework in Singapore and Thailand as the countries establish ground rules for the industry. Plus, the latest developments in the non-fungible token (NFT) markets. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

Gulf Binance Clinches Thai Regulatory Approval
The joint venture between Gulf Innova and Binance aims to begin offering crypto services in the country later this year.

Head of Thailand’s Opposition Party Promises $300 Crypto Airdrop if Elected Prime Minister: Report
Local stakeholders call the move a “marketing gimmick” while others say it's the most efficient way to distribute economic stimulus.

Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg
The payment was due on March 23 and was required to fund working capital

Thailand Offers $1B Tax Break for Companies Issuing Investment Tokens: Reuters
Thailand is offering a tax break for companies that issue digital tokens for investment, in a move that may cost the government 35 billion baht ($1 billion), according to a report from Reuters. "The Hash" panel discusses what this suggests about the state of crypto in Thailand and Asia at large.

Thailand Offers $1B Tax Break for Firms Issuing Investment Tokens: Reuters
The country will waive corporation and sales taxes for those firms.

