A Thai government center for IT, telecoms and computing R&D has developed a blockchain-based e-voting system. The National Electronics and Computer Technology Center (NECTEC) of Thailand has developed blockchain technology for e-voting, the Bangkok Post reports on Jan. 2. NECTEC is a statutory government organization that operates under the purview of the National Science and […]
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Thailand has signalled it plans to take the rare step of simplifying procedures through which ICOs can raise money. Thailand’s securities regulator is planning a public hearing with the aim of loosening rules that form a “barrier” to initial coin offerings (ICOs), local English-language news outlet Bangkok Post reported Dec. 20. Thailand — which issued […]
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Security token firm TokenSoft has acquired a share in an SEC-compliant broker-dealer in a bid to expand the range of its services. Security tokens platform TokenSoft Inc. has invested in a company that is purportedly a United States Securities and Exchange Commission (SEC)-compliant broker-dealer, according to a press release published Dec. 13. TokenSoft is a […]
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Calgary, a city in the Canadian province of Alberta, allows citizens to pay for local goods and services via its new digital Calgary dollar. Calgary, a city in the Canadian province of Alberta, has launched its own digital currency. The Calgary Dollar will allow holders to pay for services and goods at local shops, Canadian […]
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Authorities are in the process of developing cryptocurrency and ICO rules, which could become law in Q1 2019. Malaysia’s finance regulator and central bank issued a joint press statement Dec. 6 in which they confirmed they were “putting in place” legislation on cryptocurrency and Initial Coin Offering (ICO) assets. The statement from the Malaysia’s Securities […]
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Thailand-based crypto exchange Satang has set a goal to raise nearly $10 million in a coming Security Token Offering, the funds of which it will invest in developing a wallet. Thai cryptocurrency exchange Satang Corp. plans to raise nearly $10 million in a security token offering (STO), despite the recent market meltdown, Asia-focused business publication […]
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Thailand’s Revenue Department is conducting tests of a blockchain system for tracking value-added tax (VAT) payments. Thailand’s Revenue Department is testing blockchain to track value-added tax (VAT) payments, English-language media outlet Bangkok Post (BP) reports Dec. 3. Ekniti Nitithanprapas, director general of the Thai Revenue Department, said that the department “wants to use blockchain technology […]
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The deputy secretary of the Thai SEC has said the regulator has yet to decide how to regulate STOs. The deputy secretary of the Thai Securities and Exchanges Commission (Thai SEC) has declared that Thai-related Security Token Offerings (STOs) launched in an international market break the law, English-language daily Bangkok Post reports Nov. 29. The […]
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Consumers of Gustav Gerig tuna will be able to access a raft of information about the product using the Ethereum blockchain. A Swiss food manufacturer has become the “first” in Europe to use the Ethereum (ETH) blockchain to track fish products, a press release confirmed Nov. 28. Gustav Gerig AG, which has operated since 1923, […]
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The Crypto Kingdom: Thailand proves there’s space for crypto even in authoritarian regimes. Since May 2014, Thailand has been under the control of a military dictatorship. And given that the coup, led by the Royal Thai Armed Forces, brought internet censorship, a suspension of the Kingdom’s constitution, and a disbanding of its senate, casual observers would be […]
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