Coinatory

Banks of the country can, through their "daughters", carry out a wide range of operations with crypto coins. At the end of the week, the Bank of Thailand, which is the main regulator for this country"s lending institutions, issued a circular that opens access to cryptocurrencies for participants in the financial market of this country. Now banks are allowed through their subsidiaries and affiliates to carry out transactions for the purchase and sale of cryptocurrencies. This circular cancels the previous one, which was supposed to prohibit ... Read more about " The Bank of Thailand has allowed credit institutions to deal with cryptocurrencies " on coinatory.com

In Thailand, the ongoing integration of the world of crypto-currencies into the traditional securities trading sector is evident: on the initiative of just such companies, which are united in the relevant association (ASCO), it is planned to launch a site where the trade in crypto-currencies will be conducted, according to Thailand"s leading business publication Bangkok Post. The head of ASCO, Patter Dilokrungtirapop, said that the companies intend to unite in order to reduce the costs of the process of issuing a license to trade ... Read more about " The classical stock exchange companies of Thailand will create a crypto-trading platform " on coinatory.com

The Securities and Exchange Commission issued clear regulatory principles regarding the country"s regulatory framework for cryptocurrencies and ICO. The news portal freedman.club reports that the Securities and Exchange Commission of the Kingdom of Thailand (SEC) has sounded strict principles concerning the regulatory framework of the country for regulating digital currencies and conducting ICO. Previously, we wrote about some changes in Thai law regarding the taxation of Thai crypto investors, and at the same time, some principles of ICO ... Read more about " SEC of Thailand approved 7 cryptocurrencies for local exchanges " on coinatory.com

The Thai Internal Revenue Service announced that it would waive 7% of the value-added tax for individual cryptocurrency investors. Since Monday, the country began to regulate the digital currencies and primary placements of the tokens, which are now under the authority of the Securities and Exchange Commission of Thailand (SEC). On Monday, the decree on the legal regulation of the cryptocurrency and the ICOs in Thailand came into force. Cryptocurrency transactions are currently subject to income tax both for private companies and for ... Read more about " Thailand cancelled VAT for individual cryptocurrency investors " on coinatory.com