Thai police have busted an alleged Bitcoin scam trading scheme in Bangkok, arresting 24 Chinese nationals and seizing hardware. Thai immigration officials have arrested 24 Chinese nationals who were running an alleged cryptocurrency scam call center in the Rama III neighborhood of Bangkok. According to an official announcement on Dec. 2, the Immigration Bureau of […]
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The Excise Department in Thailand plans to change its current tax refund practice by introducing a blockchain-based tax payback system for oil exporters. The Excise Department in Thailand is poised to introduce a new way of refunding overpaid taxes to oil exporters by using blockchain technology. On Nov. 25, director-general Patchara Anuntasilpa told the Bangkok […]
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Thai regulator eyes tweaks to the country’s cryptocurrency regulations, which appeared in 2018 but have so far delivered just five certified businesses. Lawmakers in Thailand plan to reform cryptocurrency laws after voicing concerns that they have made the country uncompetitive. As local English-language news outlet Bangkok Post reported on Nov. 25, Thailand’s regulator, the Securities […]
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Singaporeans can already pay for cab rides with crypto. Speaking on stage at BlockShow 2019 in Singapore today, Alchemy Global Payment Solutions (Alchemy GPS) co-founder Patrick Ngan discussed some details of how his company is making it easier to pay for everyday goods and services with cryptocurrency. Ngan emphasized the power of choice to make […]
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The Hong Kong Monetary Authority has revealed it will publish its research into applications for a central bank digital currency by Q1 2020. The Hong Kong Monetary Authority (HKMA) has revealed it is conducting research into applications for a central bank digital currency (CBDC). Ejinsight reported on the news — announced during the Hong Kong […]
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The country that tried to ban Bitcoin in 2013 is now home to some of the world’s most permissive ICO regulations. After initially seeking to ban Bitcoin in 2013, Thailand has since developed a permissive regulatory apparatus for digital currencies and cryptocurrency fundraising methods. Thai financial services firm Seamico Securities recently announced that it has […]
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Vancouver-based Global Container Terminals will use TradeLens in all four operated terminals, including two terminals in the U.S. Global Container Terminals (GCT), a container terminal operator in North America, has joined Maersk and IBM’s blockchain shipping tool TradeLens. Adding four Canadian and U.S. terminals to the platform As part of the initiative, Vancouver-based GCT will […]
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The Singapore Shipping Association, the International Chamber of Commerce and blockchain firm Perlin are jointly working on an e-registry for ships. The Singapore Shipping Association (SSA), the International Chamber of Commerce (ICC) and blockchain firm Perlin are jointly working on an e-registry for the ship registration and renewal process. Running on self-executing smart contracts The […]
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Crypto price premiums are a thing! Which countries suffer the most and how big is the difference in price for a Bitcoin? Up until early 2018, major cryptocurrency markets the likes of South Korea and Japan demonstrated high premiums for Bitcoin. At the 2017 peak, when the Bitcoin price was trading at around $20,000 in […]
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Cointelegraph en Español presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world. The Spanish-speaking world has seen major cryptocurrency and blockchain developments with central bank representatives from all around the world meeting in Argentina, Spain developing various initiatives and projects based on blockchain and the Japan-based crypto exchange Bitpoint offering […]
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